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6202 Material Ave 4,800 SF Flex Building Loves Park, IL 61111 $453,674 CAD ($94.52 CAD/SF) 12.12% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Ten minutes (3.8 miles) to I-90.

EXECUTIVE SUMMARY

Building is empty and freshly painted. Parking lot sealed in September.
This property can be leased at $4250 per month. Term length is negotiable. Lessor pays taxes and insurance. Leassee is responsible for monthly utilities, landscaping needs, and all maintenance with the exception of replacement of a roof, parking lot, or HVAC system. Sale is As Is.

PROPERTY FACTS

Price $453,674 CAD
Price Per SF $94.52 CAD
Sale Type Investment or Owner User
Cap Rate 12.12%
Sale Condition Lease Option
Property Type Flex
Property Subtype
Light Distribution
  • Industrial Manufacturing
  • Industrial Service
  • Office Telecom Hotel Data Hosting
Lot Size 0.61 AC
Rentable Building Area 4,800 SF
No. Stories 1
Year Built/Renovated 1964/2022
Tenancy Single
Parking Ratio 6.25/1,000 SF
Clear Ceiling Height 10’
Zoning Light Industrial - IL Light Industrial District. Subject is a legal conforming zoning use.

AMENITIES

  • 24 Hour Access
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Breakroom

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-05-101-005
Land Assessment
$18,646 CAD
Improvements Assessment
$68,667 CAD
Total Assessment
$87,313 CAD
  • Listing ID: 38243007

  • Date on Market: 2025-10-27

  • Last Updated:

  • Address: 6202 Material Ave, Loves Park, IL 61111

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