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    10568 Product Drive

    Machesney Park, IL 61115
    • $975,000
    • STATUS: Active
    • ON SITE: 60 days
    • MLS #: 10992805
    UPDATED: 24 min ago
    $975,000
    • 0
      BEDS
    • 5.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 52,000
      SQFT
    • $19
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This is a multiple parcel offering consisting of 10 buildings, covering 53,000 sq ft more or less of mixed-use tenants all set on 5.38 acres of land. Located within minutes of the I90 entrance on Rt 173. Includes 10462 Product Drive, 10488 Product Drive, 10502 Product Drive, 10524 Product Drive, 10540 Product Drive, and 10568 Product drive. Buildings include cement block construction and steel exterior clear span buildings. There are 24 units with a monthly gross rent of over $19,000. The Tenants include light industrial machine tooling, auto repair, storage, hobby units and small repair shops. This is that one-of-a-kind opportunity where the location, diversity and number of tenants can provide a level of security for the investment.

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    © 2021 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T07:04:19.86 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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    10568 Product Drive Machesney Park, IL 61115

    • Price: $975,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 10992805
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.38
    Acres
    52,000
    SQFT
    $19
    $/SQFT
    1960
    Built
    Neighborhood:
    Machesney Park
    County:
    Winnebago
    Area:
    Machesney Park
    Property Description
    This is a multiple parcel offering consisting of 10 buildings, covering 53,000 sq ft more or less of mixed-use tenants all set on 5.38 acres of land. Located within minutes of the I90 entrance on Rt 173. Includes 10462 Product Drive, 10488 Product Drive, 10502 Product Drive, 10524 Product Drive, 10540 Product Drive, and 10568 Product drive. Buildings include cement block construction and steel exterior clear span buildings. There are 24 units with a monthly gross rent of over $19,000. The Tenants include light industrial machine tooling, auto repair, storage, hobby units and small repair shops. This is that one-of-a-kind opportunity where the location, diversity and number of tenants can provide a level of security for the investment.
    Exterior Features

    Construction Materials BlockSteel Siding Frontage Type City StreetFrontage Road Number Of Drive In Doors 24 Number Of TLDocks 0 Roof Structure FlatHipMetal DeckingOther

    Interior Features

    Ceiling Hgt Max Ft 14 Ceiling Hgt Max In 0 Ceiling Hgt Min In 0 Cooling None Electric Circuit BreakersOtherOther Fire Protection None Flooring Concrete Heat Ventilation Ceiling UnitsGasWall UnitIndividual Furnaces Leasable Area 53000

    Property Features

    Additional Parcels YN Yes Built Before1978 YN Yes Cap Rate 0 Expense Year 2019 Exterior Building Type Steel SidingBlock Extra Storage Spaces Available YN No Geographic Locale Far West Gross Income 0 Gross Scheduled Income 0 Investment YN Yes Lot Size Dimensions 350 X 670 Min Avail Sq Ft Rentable 53000 Net Operating Income Year 2020 Number Of Tenants 24 Operating Expense 0 Property Offered For Sale Only Tax Annual Amount 35900 Tax Year 2019 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeat Total Monthly Income 19000 Utilities Electric To SiteGas To SiteSeptic-PrivateWater-Municipal Zoning Indus

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Realty Signature.


    © 2021 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T07:04:19.86 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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