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197 Alder Dr 20,146 SF Industrial Building North Aurora, IL 60542 $3,259,147 CAD ($161.78 CAD/SF) 5.60% Cap Rate
Executive Summary
This premier 20,146 SF warehouse is ideally situated in a prime location with direct and easy access to major highways. Just 8 miles from North Aurora Airport, the property offers an expansive 2.68-acre lot with significant potential for expansion or development. The roof was fully replaced in 2017, and the building has benefited from multiple recent capital expenditure (CapEx) upgrades, resulting in low ongoing maintenance. Additional key features include climate-controlled rooms and robust 800-amp electrical service.
Property Facts
| Price | $3,259,147 CAD | Rentable Building Area | 20,146 SF |
| Price Per SF | $161.78 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1994 |
| Cap Rate | 5.60% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.65/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 22’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 2.68 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 | ||
| Price | $3,259,147 CAD |
| Price Per SF | $161.78 CAD |
| Sale Type | Investment |
| Cap Rate | 5.60% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.68 AC |
| Rentable Building Area | 20,146 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Tenancy | Single |
| Parking Ratio | 0.65/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 |
Utilities
- Heating - Gas
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 15-05-477-001 | Improvements Assessment | $502,066 CAD |
| Land Assessment | $220,876 CAD | Total Assessment | $722,942 CAD |
Property Taxes
Parcel Number
15-05-477-001
Land Assessment
$220,876 CAD
Improvements Assessment
$502,066 CAD
Total Assessment
$722,942 CAD
Contacts
-
Jeremy Slowinski -
Andy Page -
Xever Lemieux -
Tariq Suboh -
Ellsbury Commercial Group
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197 Alder Dr
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