603 Wise Road

    Schaumburg, IL 60193
    • $689,000
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 10556629
    UPDATED: 12 min ago
    $689,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,011
      SQFT
    • $38
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    Description

    Very motivated Seller! Buy below replacement cost, only $38 psf! Over 18,000 sf retail/warehouse building with direct access and visibility on Wise Road. 5 units front Wise Road with 1 additional storage unit in the rear. Currently 50% occupied allowing for tremendous upside/value-add. Property is over 1 acre with parking for 40+ cars. All reasonable offer considered.

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    © 2019 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 2019-11-21T15:51:57.987 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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    www.bnrealty.com/homes/100252625

    603 Wise Road Schaumburg, IL 60193

    • Price: $689,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 10556629
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    18,011
    SQFT
    $38
    $/SQFT
    1977
    Built
    Neighborhood:
    Schaumburg
    County:
    Cook
    Area:
    Schaumburg
    Property Description
    Very motivated Seller! Buy below replacement cost, only $38 psf! Over 18,000 sf retail/warehouse building with direct access and visibility on Wise Road. 5 units front Wise Road with 1 additional storage unit in the rear. Currently 50% occupied allowing for tremendous upside/value-add. Property is over 1 acre with parking for 40+ cars. All reasonable offer considered.
    Exterior Features

    Construction BrickSteelDivisible Frontage Access City Street Lot Dimensions 307 X 150 Lot Sq Ft 46072 Number Of Parking Spaces 40 Roof Coverings Membrane Roof Structure FlatPitched

    Interior Features

    Air Conditioning Central Air Fire Protection Sprinklers-Wet Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SOverhead Door/SPrivate Restroom/SStorage Inside Number Of Apts 0 Number Of Offices 0 Number Of Stores 6 Number Of Stories 1 Outdoor Parking 31-50 Spaces

    Property Features

    Age 26-35 Years Built Before1978 YN Yes Electrical Service Circuit BreakersSeparate Meters Electricity Expense 0 Expense Year 2017 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Northwest Suburban Gross Rental Income Amount 163800 Heat Ventilation Forced AirGas Insurance Expense 0 Miscellaneous Outside Handicapped Access Net Oper Income Amount 97500 Number Of Tenants 3 Other Expenses 0 Possession Closing Rental Price 0 Tax Year 2017 Taxes 59670 Tenant Pays Air ConditioningElectricHeatScavengerWater/Sewer Total Annual Exp 65969 Total Annual Expense Source Owner Projection Total Annual Income 163800 Total Monthly Income 13650 Township Schaumburg Water Expense 0 Zoning Type Rtail

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Inland Real Estate Commercial Brokerage, INC.


    © 2019 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 2019-11-21T15:51:57.987 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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