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10991 Ruth Road

Huntley, IL 60142
  • $1,895,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 11299599
UPDATED: 24 min ago
$1,895,000
  • 0
    BEDS
  • 1.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1999
County:
Area:

School Ratings & Info

Description

EXCELLENT INCOME PROPERTY IN FAST GROWING COMMUNITY OF HUNTLEY. PROPERTY BEING SOLD AT A 7.2% CAP RATE WITH PERSONAL GUARANTEES FROM TENANTS ON ALL LONG TERM LEASES. ACROSS FROM LIBRARY AND VILLAGE COMPLEX. 20,000 SF BUILDING WITH 25' CLEAR SPAN CEILINGS AND 4 DRIVE IN DOORS. 1,500 SF OF OFFICE SPACE

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T22:58:16.187 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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10991 Ruth Road Huntley, IL 60142

  • Price: $1,895,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 24 min ago
  • MLS #: 11299599
0
Beds
0
Baths
0
½ Baths
1.55
Acres
1999
Built
Neighborhood:
Huntley
County:
McHenry
Area:
Huntley
Property Description
EXCELLENT INCOME PROPERTY IN FAST GROWING COMMUNITY OF HUNTLEY. PROPERTY BEING SOLD AT A 7.2% CAP RATE WITH PERSONAL GUARANTEES FROM TENANTS ON ALL LONG TERM LEASES. ACROSS FROM LIBRARY AND VILLAGE COMPLEX. 20,000 SF BUILDING WITH 25' CLEAR SPAN CEILINGS AND 4 DRIVE IN DOORS. 1,500 SF OF OFFICE SPACE
Exterior Features

Docks None Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 51-100 SpacesCommon ParkingLighted Parking Total 70 Roof Metal Roof Structure Metal Decking Water Drainage Storm Sewers

Interior Features

Cooling Central Air Flooring CarpetConcrete Heat Ventilation Ceiling UnitsForced AirGas Miscellaneous Inside Handicapped Equip Washroom/SOverhead Door/SPrivate Restroom/S Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 7-15 Years Building Area Total 20000 Built Before1978 YN No Current Use Commercial Electric Circuit BreakersService - 101 To 200 Amps Fire Protection Alarm MonitoredSprinklers-Wet Geographic Locale Northwest Suburban Gross Income 177600 Gross Scheduled Income 177600 Leasable Area 0 Location Commercial Business ParkIndustrial Area/Campus Mls Actual Status Active Net Operating Income 129079 Number Of Tenants 3 Operating Expense 48521 Ownership Types Individual Possible Use CommercialRetail Property Offered For Sale Or Rent Property Sub Type Other Seller Needs Cash Seller Will Other Tax Annual Amount 38219 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceSewerVaries By Tenant Total Monthly Income 14800 Type Office/Tech Utilities Gas To SiteSanitary SewerWater-MunicipalWater To Site Zoning Manuf

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Berkshire Hathaway Homeservices Starck Real Estate.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T22:58:16.187 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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