211 IL-38 - Flex FOR SALE


Rochelle, IL 61068
$775,000 USD
315-565-8302
211 IL-38, Rochelle, IL for Sale
$775,000 USD
Flex - FOR SALE
1/13
null | 10% Cap Rate

211 IL-38
Rochelle, IL 61068


OVERVIEW

Located an hour west of Chicago, 211 IL-38, Rochelle, IL is a steel frame 12,150 SF office/warehouse building originally constructed in 1975. The building has since been renovated several times, most recently in 2015. The property is currently 100% occupied by one tenant, the newspaper company News Media. The newspaper is no longer printing at this location and up to 8,500 SF could be given to a user-buyer. The building is situated on a 1.29-acre site.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3

LAND SF

56,628

ZONING

-

APN/PARCEL ID

24-13-476-008

ASK ABOUT THIS PROPERTY

Aidan CleghornBellCornerstoneMore Info
315-565-8302

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Aidan CleghornBellCornerstoneMore Info
315-565-8302

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