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214 Washington Street

Ingleside, IL 60041
  • $595,000
  • STATUS: Active
  • ON SITE: 680 Days
  • MLS #: 10884368
UPDATED: 206 min ago
$595,000
  • 0
    BEDS
  • 3.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,081
    SQFT
  • $59
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1978
County:
Area:

School Ratings & Info

Description

VALUE ADD OPPORTUNITY!! Single story, multi-tenant medical office building in a campus like setting near Grant High School, the police station, fire department and little league ballfields. Currently occupied by a primary care physician, podiatrist, Aurora Advocate group, a dermatologist group and some additional space. Additional land is available for expansion. Total of 3.6 acres on a state highway. Priced for approximately the value of the land plus infrastructure improvements (access to highway, driveway and parking lot for 60+ cars, electric, gas, water and sewer hook-ups, etc.) Currently almost 50% occupied, but historically was almost 100% for 40 years. CoVid hurt occupancy and the owner recently had to retire. The property is priced below recent appraisal in January 2022. Great opportunity to add value through leasing up the vacant space and redeveloping the site!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2022-08-09T23:58:28.887 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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214 Washington Street Ingleside, IL 60041

  • Price: $595,000
  • Status: Active
  • On Site: 680 Days
  • Updated: 206 min ago
  • MLS #: 10884368
0
Beds
0
Baths
0
½ Baths
3.6
Acres
10,081
SQFT
$59
$/SQFT
1978
Built
Neighborhood:
Ingleside
County:
Lake
Area:
Ingleside
Property Description
VALUE ADD OPPORTUNITY!! Single story, multi-tenant medical office building in a campus like setting near Grant High School, the police station, fire department and little league ballfields. Currently occupied by a primary care physician, podiatrist, Aurora Advocate group, a dermatologist group and some additional space. Additional land is available for expansion. Total of 3.6 acres on a state highway. Priced for approximately the value of the land plus infrastructure improvements (access to highway, driveway and parking lot for 60+ cars, electric, gas, water and sewer hook-ups, etc.) Currently almost 50% occupied, but historically was almost 100% for 40 years. CoVid hurt occupancy and the owner recently had to retire. The property is priced below recent appraisal in January 2022. Great opportunity to add value through leasing up the vacant space and redeveloping the site!
Exterior Features

Exterior Building Type Other Foundation Details Concrete Perimeter Frontage Type State Road Parking Total 50 Roof Rubber Roof Structure Flat

Interior Features

Cooling Central Air Flooring CarpetTile Heat Ventilation Central Heat/Indiv ControlsForced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 10081 Built Before1978 YN No Current Use Commercial Electric Circuit Breakers Fire Protection Alarm MonitoredFire Extinguisher/S Geographic Locale Northwest Suburban Gross Income 0 Gross Scheduled Income 0 Leasable Area 2000 Location Commercial Business Park Mls Actual Status Active Net Operating Income 0 Number Of Tenants 5 Operating Expense 0 Ownership Types Corporation Possible Use Commercial Property Offered For Sale Or Rent Property Sub Type Medical Rental Price 14 Seller Needs CashOut Of PartnershipLease Or Rent Seller Will Lease Back Tax Annual Amount 21869 Tax Year 2020 Tenant Pays ElectricityJanitorial Service Total Monthly Income 0 Township Grant Type Office/Tech Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Showcase.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2022-08-09T23:58:28.887 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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