This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Viking Park Portfolio

19 Properties Offered at $4,875,000 in Multiple Locations

Investment Highlights

  • - 54% occupancy with stable positive cash flow and massive value-add opportunity
  • - 1 mile from entrance/exit to I-94, providing excellent accessibility from the North Shore to Chicago
  • - Low rent and price basis PSF provides long term value

Executive Summary

- 22-Unit Office/Flex Portfolio located in dense commercial corridor of Libertyville, surrounded by other office, retail, and manufacturing properties
- Low rent and price basis PSF provides long term value
- 54% occupancy with stable positive cash flow and massive value-add opportunity
- 1 mile from entrance/exit to I-94, providing excellent accessibility from the North Shore to Chicago

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $4,875,000
Price / SF $70.03 / SF
Cap Rate 6.17%
Sale Type Investment
Status Active
Number of Properties 19
Individually For Sale 0
Total Building Size 69,609 SF
Total Land Area 1.17 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
13975 W Polo Trail Dr, Lake Forest, IL 60045 Flex 21,053 SF 1995 -
28085 N Ashley Cir, 1st Floor - Unit 105, Libertyville, IL 60048 Office Condo 3,000 SF 1992 -
28045 N Ashley Cir, 2nd Floor - Unit 201, Libertyville, IL 60048 Office Condo 2,970 SF 1980 -
28045 N Ashley Cir, 2nd Floor - Unit 202, Libertyville, IL 60048 Office Condo 2,970 SF 1980 -
28045 N Ashley Cir, 1st Floor - Unit 101, Libertyville, IL 60048 Flex Condo 4,064 SF 1980 -
28045 N Ashley Cir, 1st Floor - Unit 110, Libertyville, IL 60048 Flex Condo 2,175 SF 1980 -
28045 N Ashley Cir, 1st Floor - Unit 111, Libertyville, IL 60048 Flex Condo 1,920 SF 1980 -
28045 N Ashley Cir, 1st Floor - Unit 112, Libertyville, IL 60048 Flex Condo 1,920 SF 1980 -
14048 W Petronella Dr, 1st Floor - Unit 101, Libertyville, IL 60048 Flex Condo 2,200 SF 1980 -
14048 W Petronella Dr, 2nd Floor - Unit 201, Libertyville, IL 60048 Flex Condo 2,205 SF 1980 -
14044 W Petronella Dr, 1st Floor - Unit 1, Libertyville, IL 60048 Office Condo 4,293 SF 1996 -
14044 W Petronella Dr, 1st Floor - Unit 5, Libertyville, IL 60048 Office Condo 2,822 SF 1996 -
14052 W Petronella Dr, 2nd Floor - Unit 202, Libertyville, IL 60048 Office Condo 2,162 SF 1980 -
14052 W Petronella Dr, 1st Floor - Unit 101, Libertyville, IL 60048 Office Condo 2,200 SF 1980 -
14052 W Petronella Dr, 1st Floor - Unit 102, Libertyville, IL 60048 Office Condo 2,162 SF 1980 -
14052 W Petronella Dr, 2nd Floor - Unit 201, Libertyville, IL 60048 Flex Condo 2,181 SF 1980 -
14047 W Petronella Dr, 1st Floor - Unit 102, Libertyville, IL 60048 Office Condo 3,432 SF 1996 -
14047 W Petronella Dr, 1st Floor - Unit 103, Libertyville, IL 60048 Office Condo 3,235 SF 1996 -
14047 W Petronella Dr, 1st Floor - Unit 105, Libertyville, IL 60048 Flex Condo 2,645 SF 1996 -
Show More > < Show Less
  • Listing ID: 32058225

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: Viking Park Portfolio, Lake Forest, IL

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}