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NNN Industrial Property
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1140 Park Ave, Sycamore, IL 60178

Triple-net lease structure assigns property maintenance duties to the tenant through July 2028.

Property Size64,237 SF
Days on Market140

Property Features for 1140 Park Ave

General Information

Standard status Active
Size 64,237 SF
Property subtype Industrial

Building Details

Buildings 1
Building Size 64,237 SF
Tenancy Single
Listing Agency: Newmark | Chicago - 500 West Monroe St.
Listed By: Andy Gallas · License #IL 475156024
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:03PM

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 Newmark | Chicago - 500 West Monroe St.

Investment Insights

Based on property information with market context.

This offering includes a 64,237-square-foot industrial building together with a 1.96-acre vacant parcel positioned behind the improvements. The property is located at 1140 Park Avenue in Sycamore, Illinois.

The tenant entered into a triple-net lease in 2018, with the current term scheduled to end in July 2028. Under the lease structure, the tenant handles property maintenance and related expenses, limiting the landlord’s ongoing operational responsibilities.

Key Highlights

  • 64,237‑square‑foot industrial building
  • 1.96‑acre vacant lot behind the building
  • Triple‑net lease signed in 2018

Property Analytics

Current Use

Driv-Lok Inc Business Service Center

Suggested Use

Top Pick Daycare Center Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 60178, IL

22,386
Population
9,151
Households
2.4
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
67.2 sq mi
ZIP Area
333
Density / Sq Mi
$88,314
Median Household Income
$47,157
Median Earnings
$1,084
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Triple-net lease structure assigns property maintenance duties to the tenant through July 2028.
Where is this nnn property located?
The property is located at 1140 Park Ave Sycamore, IL.
What are key features of this property?
This property features: 64,237‑square‑foot industrial building; 1.96‑acre vacant lot behind the building; Triple‑net lease signed in 2018
More about this property
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