712 Northwest Hwy | Fox River Grove, IL 60021
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- LoopNet Team
712 Northwest Hwy
Fox River Grove, IL 60021
Neuragenex Treatment Center · Office Property For Sale
Investment Highlights
- 20-year absolute NNN lease – Rent commencement anticipated for November 1, 2023
- 2% annual rental escalations throughout the initial term and in each option period
- Signalized intersection location on a welltrafficked thoroughfare
- Lease signed by tenant’s corporate entity, and features a corporate guaranty along with a personal guaranty from the company’s CEO (contact broker)
- Affluent suburb within the Chicago MSA; average household incomes exceed $159,000 within a 3-mile radius of the subject property
- Outparcel to neighborhood shopping center anchored by Jewel-Osco, McDonald’s and Panera Bread
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
3,864 SF
Building Class
B
Year Built/Renovated
2004/2023
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,864 SF
Building FAR
0.13
Lot Size
0.66 AC
Zoning
Commercial
PROPERTY TAXES
| Parcel Number | 20-20-130-042 | Improvements Assessment | $90,573 |
| Land Assessment | $209,979 | Total Assessment | $300,552 |
PROPERTY TAXES
Parcel Number
20-20-130-042
Land Assessment
$209,979
Improvements Assessment
$90,573
Total Assessment
$300,552
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