1623 W Colonial Pky - Loft/Creative Space FOR SALE


Inverness, IL 60067
$395,000 USD
847-359-5557
1623 W Colonial Pky, Inverness, IL for Sale
$395,000 USD
Loft/Creative Space - FOR SALE
1/22
null | Request Cap Rate

1623 W Colonial Pky
Inverness, IL 60067


HIGHLIGHTS

  • Overlooks pond
  • Natural Light
  • Excellent Floor Plans
  • Owner User Space
  • Park Like setting

OVERVIEW

This 3 LEVEL 5,330 sq. ft. 2-story (plus finished lower level) professional office condo building is located in the prestigious Williamsburg Village, a comfortable commercial setting surrounded by park like landscaping, ponds, brick paver streets and a covered bridge. The property features an open entry foyer that provides access to all 3 levels. The first floor, 2,085sf includes a front and side entrance (with handicap accessibility), 3 private offices, 3-open work/reception areas, large executive conference room with fireplace (can easily break into 2 private offices), and 2 washrooms. The first floor will be vacant upon sale. The Second floor is 1,160sf & is leased, includes two separate suites, shared common area and single washroom. Suite 2A office suite features a fireplace. Suite 2B features 2 private offices and a large open work area. The lower-level features 2,085sf which includes 2 separate office suites which are leased, a shared kitchenette, shared washroom & utility room. Suite LLA includes 1 private office, 4 cubicle workstations and an open work area. Suite LLB features 2 private offices/rooms and large open work area/conference room. Natural gas generator that controls the entire building! Great opportunity for an owner/user who is tired of paying rent or an investor looking to lease office spaces with flexible configurations. Prime location across from Harper College, 5 minutes to I-90, 15 miles to O'Hare International Airport and 30 miles to Chicago Loop. 2022 (payable 2023) Real Estate Taxes are $24,253. Monthly association fees are $997 and includes all exterior building maintenance and repairs, gutter cleaning, landscape services, snow removal services, pond maintenance, exterior painting, parking lot maintenance and repairs, sidewalk maintenance and repairs, common outside electrical, scavenger services, management fees, as well as attorney fees (RE Tax Protests).

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

11.67 AC

LAND SF

508,546 SF

ZONING

B-2

APN/PARCEL ID

02-28-301-068-1001

ASK ABOUT THIS PROPERTY

Leslie WebberNew LondonMore Info
847-359-5557

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Leslie WebberNew LondonMore Info
847-359-5557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.