Closed

$1,499,000

12619 Old Plank Drive, New Lenox, IL 60451
55 days
12619 Old Plank Drive·New Lenox, IL 60451
2003Year Built
About This Home

Introducing a fantastic investment opportunity in the heart of New Lenox, Illinois! Located in a highly sought-after area, this 4-unit, 10,150 square foot building is a prime choice for those looking to expand their real estate portfolio. This building checks all the boxes, it includes full tenancy, high electrical capacity, ample space, convenient accessibility, and great investment potential. Each of the four units within this industrial building is currently tenant occupied. This means immediate cash flow for the new owner, providing a reliable and consistent income stream right from the start. With 3 phase 200 amp service in each unit, this property is equipped to handle a wide range of industrial and commercial operations. This feature not only attracts a diverse range of tenants but also ensures the property's long-term value and appeal. Each unit boasts a 14-foot drive-in door and an impressive 16-foot ceiling height. This generous space is ideal for various industrial and manufacturing uses, making it versatile for potential tenants and their specific requirements. Easy access to interstates is a significant advantage for any industrial property and this location provides that. New Lenox is known for its strong economic growth and development so this property's location in a sought-after area positions it for potential appreciation in value over time, making it an excellent long-term investment opportunity. Don't miss the chance to secure this great property!

MLS# 11903043Listed October 12, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built2003
Lot Size1.000 acres

Location

CountyWill
TownshipNew Lenox
Zip Code60451

Financial

List Price$1,499,000
Annual Taxes (2022)$12,466
Monthly Tax Est.$1,039
Parcel #1508251020040000
Interior Features

Flooring

Concrete

Cooling

Office OnlyWindow Unit(s)
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Electric

Service - 101 to 200 AmpsThree Phase
Tax & Financial
Annual Taxes
$12,466
Tax Year 2022
Monthly Tax Est.
$1,039
per month
Property Location

12619 Old Plank Drive, New Lenox, IL 60451Will County

$1,499,000
12619 Old Plank Drive
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
55 days on market
1.000 acres
$12,466/yr taxes
$8,917
estimated monthly payment
Principal & Interest
$7,878/mo
Property Tax
$1,039/mo
$1,499,000
20% — $299,800
3%50%
6.875%
3%12%
Loan Amount
$1,199,200
Down Payment
$299,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Lincoln-Way Realty, Inc
Agent: Joseph Siwinski
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