Skip To Content

    2205 Pleasant Street

    Dekalb, IL 60115
    • $1,450,000
    • STATUS: Active
    • ON SITE: 208 days
    • MLS #: 10857393
    UPDATED: 32 min ago
    $1,450,000
    • 0
      BEDS
    • 3.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 40,900
      SQFT
    • $35
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1998
    County:
    Area:

    School Ratings & Info

    Description

    TWO BUILDINGS - ONE OWNER Two, one owner pre-engineered steel 98.5% leased industrial buildings with 1 vacant manager's office that could be leased. Buildings are adjacent with 2 PINs and share a rear parking area on 3.28 acres. 5 tenants, most have been there a long time. 7.7% CAP rate includes deductions for vacancy, management and reserves. Upside potential as some rents are below market. July 2020 appraisal on file for $1,600,000. Contact broker for rent roll and operating statement. Second building address is 633 Enterprise Ave. Both must be sold as a package

    Monthly Payment Calculator



    © 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 2021-04-11T22:52:06.767 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
    www.rossiandtaylor.com/homes/110005712
    Print Image

    2205 Pleasant Street Dekalb, IL 60115

    • Price: $1,450,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 10857393
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.28
    Acres
    40,900
    SQFT
    $35
    $/SQFT
    1998
    Built
    Neighborhood:
    De Kalb
    County:
    De Kalb
    Area:
    De Kalb
    Property Description
    TWO BUILDINGS - ONE OWNER Two, one owner pre-engineered steel 98.5% leased industrial buildings with 1 vacant manager's office that could be leased. Buildings are adjacent with 2 PINs and share a rear parking area on 3.28 acres. 5 tenants, most have been there a long time. 7.7% CAP rate includes deductions for vacancy, management and reserves. Upside potential as some rents are below market. July 2020 appraisal on file for $1,600,000. Contact broker for rent roll and operating statement. Second building address is 633 Enterprise Ave. Both must be sold as a package
    Exterior Features

    Construction Materials Steel Siding Docks CommonExteriorLeveler/S Door Dimensions 12X14 Foundation Details Concrete Perimeter Frontage Type City Street Number Of Drive In Doors 7 Number Of TLDocks 3 Outdoor Parking 31-50 SpacesOpenPavedPrivate Lot Parking Total 42 Roof Metal Roof Structure Metal DeckingPitched

    Interior Features

    Approx Office Sq Ft 4000 Ceiling Hgt Max Ft 21 Ceiling Hgt Max In 0 Ceiling Hgt Min In 0 Cooling Central AirOffice Only Electric Circuit BreakersSeparate Meters101-200 Amps201-600 Amps3 Phase Fire Protection Sprinklers-Wet Flooring CarpetConcreteTileVaries Heat Ventilation Ceiling UnitsForced AirGas Leasable Area 0 Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SOverhead Door/SPrivate Restroom/S

    Property Features

    Additional Parcels YN Yes Built Before1978 YN No Cap Rate 7.7 Expense Year 2020 Exterior Building Type Steel Siding Geographic Locale Far West Gross Income 213056 Gross Scheduled Income 213056 Investment YN Yes Known Encumbrances None Known Lot Size Dimensions 450X315 Min Avail Sq Ft Rentable 0 Net Operating Income Year 2020 Number Of Tenants 5 Operating Expense 90237 Possible Use Industrial Property Offered For Sale Only Tax Annual Amount 52097 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatScavengerSewerVaries By Tenant Total Monthly Income 17754 Unincorporated YN No Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Zoning Indus

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Premier Commercial Realty.


    © 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 2021-04-11T22:52:06.767 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
     
    https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10857393-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10857393-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10857393-2.jpg
    Logo
    Rossi and Taylor Realty Group
    8025 Wicker Avenue
    St John IN, 46373