207 E Church St - Office FOR SALE


Sandwich, IL 60548
$1,119,000 USD
815-748-4663
207 E Church St, Sandwich, IL for Sale
$1,119,000 USD
Office - FOR SALE
1/13
null | 3.54% Cap Rate

207 E Church St
Sandwich, IL 60548


OVERVIEW

Do you need space for your business and want other tenants to contribute towards mortgage? This property may be perfect for you! The upper floor has over 3,000, finished, sq. ft. available. Ideal commercial investment or lease opportunity with high visibility. Traffic counts between 9,600 and 11,000 per day (IDOT) Modern elevator building with ample parking. The basement has a finished lobby, common bathrooms, and high ceilings making this space an easy build out for even more additional income. Well established tenants are made up of a nationally known company. No worries here with fly by night tenants. POTENTIAL GROSS INCOME OF $153,065 with units B and F rented for a CAP RATE of 8.4%. Add a basement tenant or two for an even higher cap rate. Much potential here!

FOR SALE DETAILS

PRICE

$1,119,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

3.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Fast Food, Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

-

APN/PARCEL ID

19-36-106-010

ASK ABOUT THIS PROPERTY

Tom VierigCastle View Real EstateMore Info
815-748-4663

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Tom VierigCastle View Real EstateMore Info
815-748-4663

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