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Warehouse For Sale By Owner
Great Warehouse Available at a Cheap Price in Elgin!
415-419 N Grove Ave , Elgin, Illinois 60120 United States
Description
High cap rate of 9%.
Fully occupied. Tenants pay all utilities. All you need to pay is taxes and insurance.
Turnkey investment at low price point. Will likely make money on both property value and 9% a year on ROI just from tenants.
There is an additional 800 sq feet of attic space too not included in the building sq feet mentioned above.
Recently updated fascia and window and landscaping.
Price: | $195,000 |
Property Sub-Type: | Warehouse |
Total Building Size: | 2700 SF |
Total Lot Size : | 4090 SF |
occupancy: | 100 |
Cap Rate: | 9 % |
Utilities: | Electricity/Power is available |
Listing ID: | 4700 |
Map of: 415-419 N Grove Ave , Elgin, Illinois 60120 United States