Lake Bluff Industrial 3 Properties Offered at $1,800,000 in Lake Bluff, IL

EXECUTIVE SUMMARY

CRER is proud to present the opportunity to purchase a three building industrial
portfolio on nearly two acres of land in Lake Bluff. The properties are ideally located
at IL Rte 41 and IL Route 176 in desirable Lake County. The warehouse portions
are heated throughout and feature mostly 18’ clear ceiling heights. The current net
income on the fully leased buildings is $120,000 with considerable room to push
rents in line with market rates.

PROPERTY FACTS

Price $1,800,000
Price / SF $76.95 / SF
Cap Rate 6.67%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 23,391 SF
Total Land Area 2.26 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
97 Skokie Valley Rd, Lake Bluff, IL 60044 Retail 2,536 SF 1975 -
104 Skokie Valley Rd, Lake Bluff, IL 60044 Industrial 16,555 SF 1983 -
104 Skokie Valley Rd, Lake Bluff, IL 60044 Industrial 4,300 SF 1983 -
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  • Listing ID: 33075919

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: Lake Bluff Industrial, Lake Bluff, IL