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25 N. Northwest Highway | Park Ridge, IL 60016 | 847.825.0011 | www.mclennancos.com
JIM CONRAD, CCIMO: 847.655.3383C: [email protected]
No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale and lease are subject to change and withdrawal without notice.
SALE PRICE $995,000
OFFERING SUMMARY
Building Size: 12,000 SF
Ceiling Height: 16' clear
Year Built: 1972
Renovated: 2013
Loading: 2 docks & 2 DIDs(12'x14')
Zoning: M-2 Manufacturing
Submarket: Northern Dupage
PROPERTY HIGHLIGHTS
• LOW DuPAGE COUNTY TAXES
• 2 UNITS: EACH W/ DOCK & DRIVE-IN DOOR (12'x14')
• 16' CLEAR HEIGHT IN WAREHOUSE
• 20 YEAR WARRANTY FROM NEW ROOF IN 2013
• STABLE LONG-TERM OCCUPANCY WITH GREAT TENANTS
• 100% OCCUPIED
• CONTACT BROKER OR SEE McLENNAN COMMERCIAL PROPERTIESWEBSITE FOR MORE INFO: WWW.MCLENNANCOS.COM
Dupage County Industrial Opportunity
2 Unit Industrial Building For Sale1776-1778 Armitage Court, Addison, IL 60101
25 N. Northwest Highway | Park Ridge, IL 60016 | 847.825.0011 | www.mclennancos.com
JIM CONRAD, CCIMO: 847.655.3383C: [email protected]
No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale and lease are subject to change and withdrawal without notice.
Lot Size: 0.6 AC
Building Size: 12,000 SF
Zoning: M-2 Manufacturing
Real Estate Taxes: $25,553 (2016, paid 2017)
PIN: 03-31-102-028
Loading: 1 dock and 1 DID per unit
Ceiling Height: 16' clear
Parking Spaces: 20
Cross Streets: Armitage Court and Rohlwing Road
Year Built: 1972
Number of Units: 2
HVAC: Gas, forced air. Office air conditioned
PROPERTY OVERVIEW
DuPage County Industrial property available for purchase. 2-unitbuilding in excellent condition for this market. Each unit has dockand drive-in-door. 16' clear. Very strong historical occupancy.20-year warranty in, new roof (complete tear-off and new decking),updated offices and very clean warehouses.
Stable management in place with building fully leased to long-termoccupants. Room for rent growth. Owner-occupant potential inFebruary of 2019 - own as an investment and time your move! Greatopportunity.
LOCATION OVERVIEWExcellent location minutes from 4 way interchange at Fullerton andI-355. Proximity to North Avenue on West edge of Addison.
Property Specifications
2 Unit Industrial Building For Sale1776-1778 Armitage Court, Addison, IL 60101
25 N. Northwest Highway | Park Ridge, IL 60016 | 847.825.0011 | www.mclennancos.com
JIM CONRAD, CCIMO: 847.655.3383C: [email protected]
No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale and lease are subject to change and withdrawal without notice.
Location Map & Aerial View
2 Unit Industrial Building For Sale1776-1778 Armitage Court, Addison, IL 60101
25 N. Northwest Highway | Park Ridge, IL 60016 | 847.825.0011 | www.mclennancos.com
JIM CONRAD, CCIMO: 847.655.3383C: [email protected]
No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale and lease are subject to change and withdrawal without notice.
25 N. Northwest HighwayPark Ridge, IL 60016T 847.655.3383C [email protected] #471.018611
PROFESSIONAL BACKGROUND
Jim Conrad is the Managing Broker of McLennan Commercial Properties, alongwith being a partner in the firm. Jim is extremely active in the Chicagolandbrokerage industry: completing over $25,000,000 transaction volume since thebeginning of 2015. Since joining McLennan as a Sales Associate in early 2008,Jim has been a consistent producer in all aspects of commercial real estatebrokerage: providing tenant rep services, performing disposition analysis, andconsulting on sales & purchases for a number of property owners (investors) andbusiness owners (real estate users). Jim is currently active in multiple real estateinvestments of varying focuses, and is always interested in discussing the wealthbuilding capability that real estate investment carries.Jim holds the prestigiousCertified Commercial Investment Member (CCIM) Designation and is currently anactive CCIM Designee: serving as a Director on the Illinois Chapter CCIM Board &on the 2018 NICAR Officer nominating committee.
Jim was featured on a national commercial real estate brokerage podcastpublished on iTunes and was featured on a Real Estate Journals interview in2015.
For information on McLennan Commercial Properties or more specifically yourindividual property or business (or even simply to discuss the pros and cons ofreal estate investment) feel free to contact Jim anytime.
EDUCATION
University of Illinois at Urbana-ChampaignB.A. Finance and Economics
MEMBERSHIPS & AFFILIATIONS
Certified Commercial Investment Member2016-current: Director Illinois CCIM BoardNICAR: Northern Illinois Commercial Association of Realtors2017 NICAR Directors' Nominating Committee
JIM CONRAD, CCIM
Managing Broker
Broker Bio and Contact Information
2 Unit Industrial Building For Sale1776-1778 Armitage Court, Addison, IL 60101
