$1,995,000
105 IL-71 Newark, IL 60541
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
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$1,995,000
Est. payment /mo
9,520 SqFt
UPDATED:
09/09/2024 02:59 AM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 9,520 sqft
Price per Sqft $209
MLS Listing ID 12048739
Year Built 2007
Annual Tax Amount $16,308
Tax Year 2022
Lot Dimensions 230X317X240X303
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!
Location
State IL
County Kendall
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Roof Type Metal
Building
Foundation Concrete Perimeter
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brittany Zickus • eXp Realty, LLC
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Rich Ayers
Team Lead | Realtor | License ID: 470112432
Team Lead | Realtor License ID: 470112432