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$551,112

  • Sold
  • Closed
  • Manufacturing
  • 8,123 Sq. Ft.
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INDUSTRIAL BUILDING FULLY LEASED 8,123 SF Fully leased 5-tenant industrial building with 14' ceilings, 1 ADA bath per unit, 8 (12x12) DID's and approx. 25 common parking spaces. Zoned M1. Being sold at an 8% CAP with 5% vacancy factor. Part of a 3 building portfolio of fully leased Industrial buildings for $2,578,246 (470 and 471 Jennings). Each building listed separately but available as a portfolio. An 8,700 SF user flex building is also available for $737,500 (460 Jennings). Rent Roll and APOD for Bldg. 450 Jennings attached. Contact broker for full portfolio financials.

Full Property Details for 450 Jennings Dr

General

  • Sold For: $551,112
  • Taxes: $17,190 (2022)
  • Status: Closed
  • Type: Manufacturing
  • Source: MRED
  • MLS ID: 11884370
  • Added to Site: 893 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Parking

  • Parking Features: 19 to 30 Spaces, Lighted, Open, Paved, Private Lot

Location

  • Area: Lake in the Hills
  • County: Mc Henry
  • Driving Directions: Rakow Rd to Pyott Rd, North on Pyott to Jennings Drive, left on Jennings to property at end of street.
  • Location Details: Northwest Suburban, Industrial Park

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Ceiling Units, Forced Air, Gas

Utilities

  • Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Well Private

Structural Information

  • Construction: Wood Frame
  • Exterior Const.: Steel Siding
  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Drive-In Doors: 8
  • Stories/Levels: 1
  • Square Feet: 8,123
  • Year Built: 2000

Unit Information

  • # Tenants: 5

Lot Features

  • Lot Size (Acres): 0.57
  • Lot Size (Sq. Ft.): 24,829
  • Lot Dimensions: .57 ACRE
  • Frontage: City Street
  • Potential Use: Industrial
  • Zoning: MANUF

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Operating Expenses: $20,849
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 2000
  • Tax Amount: $17,190
  • Tax Year: 2022
  • Tenant Pays: Electricity, Heat, Scavenger

Disclosures and Reports

  • Documents Avail.: Aerial Map, Rent Roll, Leases, Tax Bill, Backup Package, Operating Statement
  • Property ID: 1908478006

Listed by Premier Commercial Realty
Sold by Entre Commercial Realty, LLC

Listing agent

— 450 Jennings Dr —

  • Premier Commercial Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 450 Jennings Dr

School Districts:Community High School District 155, Crystal Lake Community Consolidated School District 47
NameGradesDistance
Canterbury Elementary School, Crystal Lake, IL
875 Canterbury Drive, Crystal Lake, IL 60014
K-50.4 mi
Hannah Beardsley Middle School
515 East Crystal Lake Avenue, Crystal Lake, IL 60014
6-82.1 mi
Crystal Lake South High School
1200 South McHenry Avenue, Crystal Lake, IL 60014
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 450 Jennings Dr

Date
Details
Price
Change
Source
12/15/2023
Sold
$551,112
—
MLS
9/19/2023
Price Reduced
$551,112
-0.72%
MLS
9/18/2023
Price Increased
$555,112
0.76%
MLS
9/12/2023
Listed
$550,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Premier Commercial Realty
Sold by Entre Commercial Realty, LLC

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450 Jennings Drive, Lake in the Hills, IL 60156 (MLS# 11884370) is a Manufacturing property that was sold at $551,112 on December 15, 2023. Want to learn more about 450 Jennings Drive? Do you have questions about finding other Manufacturing real estate for sale in Lake in the Hills? You can browse all Lake in the Hills real estate or contact a Coldwell Banker agent to request more information.