179-181 S Northwest Hwy - Convenience Store FOR SALE


Cary, IL 60013
$375,000 USD
847-507-1759
179-181 S Northwest Hwy, Cary, IL for Sale
$375,000 USD
Convenience Store - FOR SALE
1/6
null | Request Cap Rate

179-181 S Northwest Hwy
Cary, IL 60013


HIGHLIGHTS

  • Excellent location on busy Route 14
  • Excellent signage
  • Fully leased through April 14, 2024

OVERVIEW

Fully Leased Multi-Tenant Commercial Building in TIF District Price Reduced! 4,000 SF Multi-tenant office/retail building on corner of busy Route 14 with 147’ frontage with 25,500 vpd and monument signage. Full basements under both units. New $50,000 roof on 179 side installed in 2022. New windows and doors within past five years. Great for user/investor. Property is in TIF District and also has redevelopment potential. Entire property is leased through 4/14/25 at $2,700/month Gross with 90 day cancellation rights by either party. Tenant has right of first refusal to purchase. Owner is licensed real estate broker. Shown by appointment only. Do not bother tenant.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

179-181 S. Northwest Hwy. (Route 14)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

B-3

APN/PARCEL ID

20-18-328-004,20-18-328-006

ASK ABOUT THIS PROPERTY

Bruce KaplanPremier Commercial RealtyMore Info
847-507-1759

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Bruce KaplanPremier Commercial RealtyMore Info
847-507-1759

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