Multi-Tenant Flex Industrial
1016 Airpark Drive Sugar Grove, IL 60554
For Sale
Contact for pricing
Value-add multi-tenant flex warehouse with 16' ceilings, overhead and walk-in doors, and 43-space parking.
Days on Market105
Property Features for 1016 Airpark Drive
General Information
- Standard status
- Active
- Property subtype
- Industrial
Listing Agency:
SVN Landmark Commercial Real Estate
(630) 938-4950
Listed By:
Neil Johnson · License #IL 471012919
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 5:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
This value-add multi-tenant flex industrial warehouse building offers quality masonry construction and well-kept landscaping. The property is configured as multiple warehouse units, each featuring 16’ ceilings, overhead and walk-in doors, 200 AMP 3-phase electric power, and ceiling-hung gas furnaces. There are currently 3 existing tenants, with the remaining 7,500 sf unit including 500 sf of office space.
A shared outdoor 54' at-grade dock is located at the north end of the building, supporting straightforward loading access. Private paved parking is available with a total of 43 spaces.
The property is for sale at 1016 Airpark Drive in Sugar Grove, Illinois. Estimated average operating expenses are listed at $1.45/sf, and 2015 taxes were reported at $19,540. A pro forma CAP rate of 8.4% is provided in the remarks.
A shared outdoor 54' at-grade dock is located at the north end of the building, supporting straightforward loading access. Private paved parking is available with a total of 43 spaces.
The property is for sale at 1016 Airpark Drive in Sugar Grove, Illinois. Estimated average operating expenses are listed at $1.45/sf, and 2015 taxes were reported at $19,540. A pro forma CAP rate of 8.4% is provided in the remarks.
Key Highlights
- Value‑add 20,000 SF multi‑tenant flex industrial warehouse building with 16' ceilings
- Each warehouse includes overhead and walk‑in doors, ceiling‑hung gas furnaces, and 200 AMP 3‑phase electric power
- 3 existing tenants plus a remaining 7,500 SF vacant unit with 500 SF office
Property Analytics
Location Intelligence
Current Use by Public Records
I & I StoneWorks
Building Supply
M. Pierce Roofing, ...
Roofing Company
Pricor Home Management
Hardware & Home Improvement
FAQs
What type of property is this?
Flex space - Value-add multi-tenant flex warehouse with 16' ceilings, overhead and walk-in doors, and 43-space parking.
Where is this flex space located?
The property is located at 1016 Airpark Drive Sugar Grove, IL.
What are key features of this property?
This property features: Value‑add 20,000 SF multi‑tenant flex industrial warehouse building with 16' ceilings; Each warehouse includes overhead and walk‑in doors, ceiling‑hung gas furnaces, and 200 AMP 3‑phase electric power; 3 existing tenants plus a remaining 7,500 SF vacant unit with 500 SF office
