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3130 Sheeler 3130 Sheeler Ave 12,000 SF 100% Leased Flex Building Waukegan, IL 60085 $1,713,012 CAD ($142.75 CAD/SF) 7.68% Cap Rate
Executive Summary
8 unit Multi-tenant flex building for sale. Prime location just south of Grand Ave. and Green Bay Road intersection. Fully leased property with below market rents and short term leases for flexibility to have owner occupied units or the ability to adjust units to more favorable market rents. Extremely well maintained concrete and stucco building with a 2nd floor residential rental unit. Oversized and private residence with 2 beds and 1 bath, large deck, in unit laundry, and tons of extra space.
Property Facts
| Price | $1,713,012 CAD | Lot Size | 0.51 AC |
| Price Per SF | $142.75 CAD | Rentable Building Area | 12,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 7.68% | Year Built/Renovated | 1964/2009 |
| Sale Condition | 1031 Exchange | Clear Ceiling Height | 14’2” |
| Property Type | Flex | ||
| Zoning | B-3 - B-3 in Waukegan | ||
| Price | $1,713,012 CAD |
| Price Per SF | $142.75 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.68% |
| Sale Condition | 1031 Exchange |
| Property Type | Flex |
| Lot Size | 0.51 AC |
| Rentable Building Area | 12,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2009 |
| Clear Ceiling Height | 14’2” |
| Zoning | B-3 - B-3 in Waukegan |
Amenities
- 24 Hour Access
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
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3130 Sheeler | 3130 Sheeler Ave
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