East Dundee, IL 60118,910 Piemonte DR
East Dundee, IL 60118,910 Piemonte DR
East Dundee, IL 60118,910 Piemonte DR
9
$1,625,010
$1,800,000
9.7%
Est.Price: ?

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16,330 SqFt

910 Piemonte DR East Dundee, IL 60118

Est. payment /mo
SOLD DATE : 01/31/2023

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Key Details

Sold Price $1,625,010

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Sold

Purchase Type For Sale

Square Footage 16,330 sqft

Price per Sqft $99

MLS Listing ID 11492027

Annual Tax Amount $19,923

Tax Year 2021

Property Sub-Type Bus / Bus w/Real Est

Property Description

NNN Leased-Fee property for sale! ATTENTION INVESTORS- 8% CAP RATE!! LEASED FEE INTEREST FOR SALE-EAST DUNDEE MARKET AREA. 16,330 sq ft. special-purpose auto body repair facility built 1995 & 1998. 1.33 acres, fenced, surrounded by new and pre-owned car/auto dealerships, plus new multi-$$million Altorfer Caterpiller sales/service facility. Annexed to East Dundee with TIF#2 as a line item in tax bill (costing $1,857 in 2021) Municipal water, sanitary sewer, police, and fire protection. Taxes 2021 $1.22psf (NNN Lease). Lessee- Service King, a national franchise with possible merger with Crash Champions in advanced discussions. $145,000 NOI through August 2025 with no option for renewal, but possibly could be renewed and/or extended. Lessor responsible for structural, roof. Nearby- Santa's Village Amusement Park -ByRider Pre-owned car sales -Piemonte Chevrolet Sales/Service -Robert Loquercio Ford Sales/Service -Altorfer Caterpiller dealership facility (new) -Max McGraw Wildlife Foundation -Healy Auto Sales -Enterprise Rent-A-Car -Superior Car Credit -Economy Plus Auto Sales/Service Zoning- B-4 East Dundee, Automotive Service District. History- This body shop was part of a Saturn dealership fronting on Rt. 25. The Saturn dealership minus the body shop was sold to ByRider Pre-owned Cars and the body shop was then leased to Service King.

Location

State IL

County Kane

Area Dundee / East Dundee / Sleepy Hollow / West Dundee

Zoning COMMR

Interior

Cooling Central Air, Office Only

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal

Roof Type Other

Building

Structure Type Block

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Midwest Real Estate Data (MRED) IDX
Listed by Mark Coleman of  Coleman Land Company 
Bought with Non Member of NON MEMBER

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Chris Buckely

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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