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14429 S Wallin Drive S, Plainfield, IL 60544
$1,100,000
14429 S Wallin Drive S, Plainfield, IL 60544View this property at 14429 S Wallin Drive S, Plainfield, IL 60544
14429 S Wallin Drive SPlainfieldIL60544
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Property Description
This is a great opportunity for an investor looking to capitalize on the potential of an up and coming area. The 10,400 SF building is currently being re-purposed from a bank to a multi-use facility that could be used for a variety of purposes. The Property is 100% leased for 5 years to Special Education Services, also known as The Menta Group stable cash flow. First Floor SF 7,483 SF and Second Floor SF 2,917 SF. The building is located in a prime location in Plainfield IL, which is experiencing a surge in population growth and economic development. The building has great potential for a variety of uses, such as office space, retail, restaurant, or even a community center. The building is also conveniently located near major highways and public transportation. This is a great opportunity for an investor to capitalize on the potential of an up and coming area. Great investment or user building. Two story with elevator access to the second floor. First floor is approximately 7,500sf; 3,000sf second level B-2 Zoning allows for many uses in the community which benefits from strong day and evening population counts. The building is an all brick facility with four drive through lanes. It comes with 6 HVAC system, 2 full bathrooms and several offices in addition to elevator access to 2nd floor. On site parking is approximately 46 stalls. Parking ratio is 4.42/1,000. Very well maintained and offers 9.50% cap ratio.
Full Property Details
Full Property Details for 14429 S Wallin Dr S
General
- Sold For: $1,100,000
- Taxes: $18,521 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11896140
- Added to Site: 227 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Common Meeting Room(s), Employee Kitchen, Passenger Elevator(s)
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: Alarm Monitored
Parking
- Total Spaces: 46
- Parking Features: 31 to 50 Spaces
Location
- Area: Plainfield
- County: Will
- Driving Directions: JUST SOUTH OF 143RD ON LINCOLN HWY JUST NORTH OF LOCKPORT ST. THE BUILDING IS OCCUPIED BY SIGNARAMA
- Location Details: Southwest Suburban, Mixed-Use Area, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Sub-Flooring: Carpet, Vinyl
- Stories/Levels: 2
- Square Feet: 10,400
- Current Bldg. Use: Commercial
- Year Built: 2003
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Acres): 1.28
- Lot Size (Sq. Ft.): 55,757
- Lot Dimensions: 233 x 218 x 256 x 193 x 34
- Frontage: City Street, Frontage Road
- Potential Use: Commercial, Office and Research, Retail
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored
- Assessment Year: 2003
- Tax Amount: $18,521
- Tax Year: 2021
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 603091010070000
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Schools
Schools serving 14429 S Wallin Dr S
School District:Plainfield School District 202
Rating | Name | Grades | Distance |
---|---|---|---|
14740 Meadow Ln, Plainfield, IL 60544 | PK-5 | 0.7 mi | |
15320 W Wallin Dr, Plainfield, IL 60544 | 6-8 | 1.1 mi | |
12005 S 248th Ave, Plainfield, IL 60585 | 9-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14429 S Wallin Dr S
Date
Details
Price
Change
Source
11/22/2023
Sold
$1,100,000
—
MLS
9/28/2023
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14429 S Wallin Drive S, Plainfield, IL 60544 (MLS# 11896140) is a Commercial property that was sold at $1,100,000 on November 22, 2023. This property was listed by Moin Haque from our Oak Brook Office.Want to learn more about 14429 S Wallin Drive S? Do you have questions about finding other Commercial real estate for sale in Plainfield? You can browse all Plainfield real estate or contact a Coldwell Banker agent to request more information.