This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$950,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
INDUSTRIAL BUILDING FULLY LEASED 13,883 SF Fully leased 7-tenant industrial building with 13' ceilings, 1 ADA bath per unit, 8 DID's (7 12x12 and 1 12x30) and approx. 30 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 (471 and 450 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. 470 Jennings attached. Contact broker for full portfolio financials.
Full Property Details
Full Property Details for 470 Jennings Dr
General
- Sold For: $950,000
- Taxes: $25,737 (2022)
- Status: Closed
- Type: Manufacturing
- Source: MRED
- MLS ID: 11883422
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Total Spaces: 40
- 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: 13,883
- Year Built: 1998
Unit Information
- # Tenants: 7
Lot Features
- Lot Size (Acres): 1.07
- Lot Size (Sq. Ft.): 46,609
- Lot Dimensions: 1.07 ACRE
- Frontage: City Street
- Potential Use: Industrial
- Zoning: MANUF
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $30,838
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1998
- Tax Amount: $25,737
- 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: 1908478004
Listed by Premier Commercial Realty
Sold by Non Member
Get Pre-Approved Today
Schools
Schools serving 470 Jennings Dr
School Districts:Crystal Lake Community Consolidated School District 47, Community High School District 155
| Name | Grades | Distance |
|---|---|---|
Canterbury Elementary School, Crystal Lake, IL 875 Canterbury Drive, Crystal Lake, IL 60014 | K-5 | 0.4 mi |
Hannah Beardsley Middle School 515 East Crystal Lake Avenue, Crystal Lake, IL 60014 | 6-8 | 2.1 mi |
Crystal Lake South High School 1200 South McHenry Avenue, Crystal Lake, IL 60014 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
470 Jennings Drive, Lake in the Hills, IL 60156 (MLS# 11883422) is a Manufacturing property that was sold at $950,000 on December 07, 2023. Want to learn more about 470 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.

