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1204-1254 Independence Ct 1204-1254 Independence Ct 33,120 SF 100% Leased Industrial Building Washington, IL 61571 $2,611,177 CAD ($78.84 CAD/SF)



Investment Highlights
- 18 Contractor/Industrial Bay Units
- Large Shared Parking Lot with Large Truck Accessible Entrance
- Units Contain Gas Warehouse Heater, Individual Electric Panel, and Plumbing Rough-Ins
Executive Summary
Excellent industrial investment available in Washington, IL. These Twin Industrial Buildings with Office End Cap Units total 33,120 SF with 32,720 leasable (400 SF is common platforms/foyers, stairwells in one end cap office building). Each of the 18 contractor/industrial bay units are 1,440 SF (12,960 SF Industrial Warehouse total, 7,200 office) and have a gas warehouse heater, individual electric panel and plumbing rough-ins - currently about 75% are outfitted by tenants with restrooms or utility sinks. Large shared parking lot with large truck accessible entrance. Combined leased units usually have a knockout for access between units. 30,920 SF Leased (94.5% of leasable SF) - rent roll available. All leases are modified gross - gross + utilities. Tenants pay Ameren (gas/electric) and owners pay water/sewer (Municipal Washington utilities - water/sewer are not individually metered). Trash is on tenants and many share a few dumpsters on the property. The vacant 1,800 SF is the second floor of the office end cap of the north building. This is a ready to rent office space (not ADA compliant - no elevator/lift) that was formerly utilized by the owners.
Property Facts
| Price | $2,611,177 CAD | Lot Size | 2.15 AC |
| Price Per SF | $78.84 CAD | Rentable Building Area | 33,120 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Industrial | Year Built | 2002 |
| Zoning | C-3 | ||
| Price | $2,611,177 CAD |
| Price Per SF | $78.84 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Lot Size | 2.15 AC |
| Rentable Building Area | 33,120 SF |
| No. Stories | 2 |
| Year Built | 2002 |
| Zoning | C-3 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 02-02-15-100-020 | Improvements Assessment | $586,524 CAD |
| Land Assessment | $81,840 CAD | Total Assessment | $668,364 CAD |
Property Taxes
Parcel Number
02-02-15-100-020
Land Assessment
$81,840 CAD
Improvements Assessment
$586,524 CAD
Total Assessment
$668,364 CAD
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1204-1254 Independence Ct | 1204-1254 Independence Ct
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