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947 Carney Court

Antioch, IL 60002
  • $3,990,000
  • STATUS: Active
  • ON SITE: 302 Days
  • MLS #: 11710259
UPDATED: 56 min ago
$3,990,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1992
County:
Area:

School Ratings & Info

Description

Established food production facility. 58,350 square foot insulated metal panel industrial facility that consists of four buildings with 38,615 Square feet dedicated to cold storage / food processing. 8425 Square feet industrial / flex space and 10,358 Square feet general industrial. The buildings have clear ceiling heights from 17 to 28 feet. The property is currently leased through the end of 2023 to a cheese manufacturer. 13.3% cap rate!! The triple net lease has base rent of $47,111.00 monthly. The facility is currently Kosher, NSF & SQF certified.

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© 2023 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 @properties. Based on information submitted to the MRED as of 2023-11-30T14:00:19.15 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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947 Carney Court Antioch, IL 60002

  • Price: $3,990,000
  • Status: Active
  • On Site: 302 Days
  • Updated: 56 min ago
  • MLS #: 11710259
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1992
Built
Neighborhood:
Antioch
County:
Lake
Area:
Antioch
Property Description
Established food production facility. 58,350 square foot insulated metal panel industrial facility that consists of four buildings with 38,615 Square feet dedicated to cold storage / food processing. 8425 Square feet industrial / flex space and 10,358 Square feet general industrial. The buildings have clear ceiling heights from 17 to 28 feet. The property is currently leased through the end of 2023 to a cheese manufacturer. 13.3% cap rate!! The triple net lease has base rent of $47,111.00 monthly. The facility is currently Kosher, NSF & SQF certified.
Exterior Features

Docks Leveler/S Outdoor Parking 51-100 Spaces Parking Total 66

Interior Features

Cooling Central AirChillers Heat Ventilation Forced Air Miscellaneous Inside Common Lunchroom/SCommon Meeting Room/SHeavy Floor LoadOverhead Door/S Number Of TLDocks 4

Property Features

Additional Parcels YN Yes Approximate Age 16-25 Years Building Area Total 58350 Built Before1978 YN No Electric Heavy Power 1200+ Amps Fire Protection SprinklersCarbon Monoxide Detector(S) Geographic Locale North Suburban Gross Income 565332 Gross Scheduled Income 565332 Leasable Area 58350 Mls Actual Status Active Net Operating Income 565332 Number Of Tenants 2 Operating Expense 0 Property Offered For Sale Or Rent Rental Price 7.1 Tax Annual Amount 103831 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsSewer Total Monthly Income 47111 Type Industrial Zoning Indus

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty World Tiffany R.E.: 847-395-1010.


© 2023 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 @properties. Based on information submitted to the MRED as of 2023-11-30T14:00:19.15 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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