Investment Opportunity in Cary

Overview

  • Investment For Sale
  • 188 Northwest Highway, Cary, IL 60013.
  • Price: $1,190,000
  • 14,400 sq. ft.

Download Brochure Ask a Question

Multi-Tenant Investment 92% Leased   14,400 SF

3-Level, 92% leased, office/retail building on Route 14 in a TIF District. Lower level (basement) is on parking lot level with a drive-in door allowing storage uses. Lease with Metra allows extra parking. See attached floor plans.

$242,000 of improvements since 2014 include: New windows, parking lot, roof tuck pointing, solar electric system, well tank. Top floor has been completely remodeled.

$103,259 NOI or 8.67% CAP. Contact broker for Rent Roll and Operating Statement.

1,085 SF main floor unit will be available for lease on 11/1/2020 for $950/mo gross.

 

Photos

Swipe left / right to view more photos

Map