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West Chicago Investment Opportunity

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:
736
Last Refresh:
May 12 at 10:35 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

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


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Electrical Service Locksmith Bakery Butcher Pharmacy Computer & Electronic Repair Hair Salon Tech Support Center Accounting Firm Home Appliance Store

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

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.
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