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1280 Powis Rd West Chicago, IL 60185

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Income-producing industrial/educational property leased to Ruler CDL School.

Type:Business for Sale, Industrial, Office, Special Purpose
Property size:
4,800 SF
Added:
Jul 9, 2024
Days on Market:
644
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 1280 Powis Rd

General Information

Standard status
Active
Size
4,800 SF
Property subtype
Business for Sale, Industrial, Office, Special Purpose

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Listing Contact
Robert Freeman

Listing agent Robert Freeman License #OH

Listing office Freeman Properties

Listing date Jul 9, 2024

Source Crexi

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 Freeman Properties


Overview

West Chicago Investment Opportunity

Located in West Chicago, Illinois, this investment opportunity features an income-producing industrial/educational property fully leased to Ruler CDL School. The property is suitable for private investors, 1031 exchange buyers, owner-operators, or institutional capital. The property is leased on a triple-net (NNN) basis, with the tenant responsible for taxes, insurance, and maintenance. The current rent is $20,000 per month, increasing 3% annually through the remaining lease term. The lease runs through December 31, 2027. The tenant, Ruler CDL School, operates a high-demand training business. The property offers multiple strategic paths upon lease expiration, including industrial redevelopment, owner-user conversion, re-leasing at market rates, or a hold and extend strategy. The property is located in a growing industrial and logistics corridor within DuPage County, with strong access to major roadways serving Chicagoland and proximity to workforce, transportation infrastructure, and regional distribution routes. The property is approximately 4,800 square feet and offers the ability to redevelop or expand into a larger industrial or flex-use facility (up to approximately 40,000 square feet, subject to approvals). Potential uses include logistics, light manufacturing, fleet operations, training campuses, or contractor yards.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Ruler CDL School ... Vocational School CDL Truck Rental ... Car Rental Facility

Suggested Use

Restaurant Real Estate Agency Hair Salon Hotel & Motel Pharmacy Gym & Fitness Center Accounting Firm Bar & Pub Food Market Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
West Chicago
County
DuPage
State
Illinois
Longitude
-88.2389415
Latitude
41.9050934

FAQs

What type of property is this?
1031 exchange property - Income-producing industrial/educational property leased to Ruler CDL School.
Where is this 1031 exchange property located?
The property is located at 1280 Powis Rd West Chicago, IL.
What are key features of this property?
This property features: Triple Net (NNN) Lease: Tenant covers taxes, insurance, and maintenance.; Established Tenant: Leased to Ruler CDL School.; Redevelopment Potential: Offers multiple strategic paths upon lease expiration.
More about this property
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