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14499 E Il Route 72 Davis Junction, IL 61020 Commercial - Industrial Active

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Description

Excellent opportunity to own a light-industrial property with additional rental income on a large 4.35 acres at 14499 E IL Route 72 in Davis Junction. The property features a 10,140 sq. ft. industrial building with a front office area, conference room, kitchenette, four bathrooms and two spacious shop areas offering flexibility for a variety of industrial, manufacturing or service-related uses. The shop areas feature an average ceiling height of approximately 15.5 feet, two exterior overhead garage doors, four exterior service doors, 600-amp, 240-volt, 3-phase electrical service and two air filtration systems. The property also includes a detached garage with a concrete floor for additional workspace or storage. Adding significant investment value are 44 storage units that are approximately 90% occupied and fully rented, the PGI is over 32,000/year.. The storage area is secured with fencing, automatic gate access and a camera surveillance system. Easy access and conveniently located just minutes from I-39.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1970
Lot Size: 4.35 acres

General Information

County: Ogle
Listed By:
Keller Williams Realty Signature 815-315-1111
MRED MLS
$750,000
Est. $5,055/mo
Active
SQUARE FEET17,140 MLS#12734511
STATUSActive PROPERTY TYPECommercial - Industrial

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Ruhl&Ruhl Realtors
563.441.1776

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14499 E Il Route 72, Davis Junction, IL 61020.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $750,000$750,000$750,000
Down Payment $150,000$26,250$187,500
Monthly Mortgage Amount $3,792$4,655$4,709
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $5,055$6,248$5,972

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