Building Owner Operator Opportunity - Leased Subsidized Operation. May qualify for Small Business Loan depending on the prospect's finances. Frontal Unit #1 currently vacant Est. positive CAP. Financials reflect 2020 projection with state taxes adjustment and 555 Carboy vacant with still a positive cash flow. Sharp well-constructed and maintained with updated utilities and roof. Large parking lot for the area. Great location with access to multiple expressways. The building is a 4 Unit Manufacturing Building of 20,000 Plus SF (Unit Frontal #1 Est. 8,507SF, #2 and #3 Est.4,012SF each and #4 Est. 4,192SF) on 1.2 acres, Est., 600 Plus Amp Est. per unit, common 48 parking, 3 docks with one large common between Frontal # 1/ #2: 1 interior dock and 2 drive-up docks, each unit have its own Dock access. 14' Ceiling Clearance in Building. Finished Office Space: Frontal #1 Est. 1,800SF, Unit #2&3 Each Est. 336SF Plus with Est. 70SF Foyer Common and #4 Est. 526SF. Building units 2,3 / 4 currently leased to repeat renters. Lease available for Frontal Unit 1, 555 Carboy with common shared dock/receiving, power/air pressure drops, air and brick enclosed room. Office handicapped/large shop's bathrooms and fully air condition.Walk through 555 Carboy and outside videos on request.
- Price:
- $1,275,000
- Acreage:
- 1.19
- Year Built:
- 1980
- Listing ID #:
- MRD10678124
- Street Address:
- 549, 551, 553, 555 W Carboy Rd
- City:
- Mount Prospect
- State:
- Illinois
- Postal Code:
- 60056
- County:
- Cook
- Community:
- Mount Prospect
- Listing Status:
- Active
- Listing Type:
- Industrial
- Exterior Description:
- Brick
- Flooring:
- Carpet, Concrete
- Foundation:
- Concrete Perimeter
- Number Of Units:
- 4
- Stories:
- 1
- Type Of Roof:
- Membrane
- Year Built:
- 1980
- Gross Income:
- 117600
- Net Operating Income:
- 21240
- Operating Expense:
- 96
- Conforms To Zoning:
- Indus
- Existing Land Use:
- Commercial
- Lot Square Footage:
- 51836
- Suitable Use:
- Commercial, Condominium, Industrial
- Days On Market:
- 187
- Originating Mls:
- Mred
- Previous Listing Price:
- 1350000
- Property Taxes:
- $71,691
- Tax Year:
- 2019
- Parking Spaces:
- 48
- Cooling System:
- Central Air, Central Individual, Partial
- Electricity:
- Circuit Breakers, Over 600 Amps, 240v Power, Shared Meters
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Coldwell Banker Realty
