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    West Chicago Investment Opportunity Title is generated by Realmo AI

    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:
    690
    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

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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

    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.
    • Annual Rent Escalation: Features a 3% annual rent increase.
    • Defined Lease Term: Lease runs through 12/31/2027, offering near‑term income certainty.
    • Strategic Location: Located in West Chicago, a growing industrial and logistics corridor.

    Overview

    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 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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