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105 Il-71, Newark, IL 60541
$1,995,000
105 Il-71, Newark, IL 60541View this property at 105 Il-71, Newark, IL 60541
105 Il-71NewarkIL60541
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Property Description
Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!
Full Property Details
Full Property Details for 105 IL-71
General
- Price: $1,995,000
- Taxes: $16,308 (2022)
- Status: Active
- Type: Store
- MLS ID: 12048739
- Updated: 5/13/2024
- Added to Site: 24 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s), Carbon Monoxide Detector(s)
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: Newark
- County: Kendall
- Township: Big Grove
- Driving Directions: East bound Newark road. Left onto rte 71. Right into parking lot
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Gas
Structural Information
- Exterior Const.: Steel Siding
- Foundation: Concrete Perimeter
- Roof: Metal
- Drive-In Doors: 2
- Loading: Drive-In Doors
- Stories/Levels: 2
- Square Feet: 9,520
- Current Bldg. Use: Commercial
- Year Built: 2007
Lot Features
- Lot Size (Sq. Ft.): 78,137
- Lot Dimensions: 230 x 317 x 240 x 303
- Frontage: County Road
- Zoning: COMMR
Financial Considerations
- Lease Price: $15
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 2007
- Tax Amount: $16,308
- Tax Year: 2022
Disclosures and Reports
- Property ID: 706402005
Listed by eXp Realty, LLC
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Schools
Schools serving 105 IL-71
School Districts:Newark Community Consolidated School District 66, Newark Community High School District 18
Rating | Name | Grades | Distance |
---|---|---|---|
503 Chicago Rd, Newark, IL 60541 | PK-4 | 0.7 mi | |
8411 Fox River Rd, Millbrook, IL 60536 | 5-8 | 4.6 mi | |
413 Chicago Rd, Newark, IL 60541 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 105 IL-71
Date
Details
Price
Change
Source
5/06/2024
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 105 IL-71
105 Il-71, Newark, IL 60541 (MLS# 12048739) is a Store property. 105 Il-71 is currently listed for $1,995,000 and was received on May 06, 2024. Want to learn more about 105 Il-71? Do you have questions about finding other Store real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.