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22159 N Pepper Road Lake Barrington, IL 60010
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Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 48,000 sqft
Price per Sqft $34
MLS Listing ID 11804487
Sold Date 04/25/24
Year Built 1980
Annual Tax Amount $40,098
Tax Year 2022
Lot Size 2.750 Acres
Lot Dimensions 300 X 400 X 300 X 400
Property Description
Looking for an investment opportunity with stable existing cash flow AND a great value add potential? If so, you'll definitely want to take a look at this unique property featuring a large and varied number of warehouse spaces with stable occupancy and many long term tenants. The property also includes a solid two-story office building of which approximately 4000 sq ft of value add potential. Finishing off the property is just shy of an acre of vacant land with a possibility to generate even more value. Prime location, just off Route 14 in Lake County and convenient to Barrington and the Fox Valley.
Location
State IL
County Lake
Zoning INDUS
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Bought with Non Member • NON MEMBER