Heated Warehouse with Ten Overhead
New
For Sale
$1,499,000
4418 North Richmond Road, Ringwood, IL 60072
Heated warehouse with 10 overhead doors plus a log home on a private pond parcel.
Days on Market5
Property Features for 4418 North Richmond Road
General Information
Standard status
Active
Property subtype
Other - Special Purpose
Warehouse & Industrial
Clear Height
14 ft
Dock-High Doors
1
Amenities
private pond
Generac backup generator
EV charging port
circle driveway
separate parking lot
stone fireplace
loading dock
Building Details
Building Size
5,432 SF
Listing Agency:
Jameson Commercial
(847) 410-0088
Listed By:
Mark Kishtow · License #471010965
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 28
Last Checked: Jul 30 at 3:18AM
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 Jameson Commercial
Investment Insights
Based on property information with market context.
A rare Village of Ringwood property combining a custom log home with a large heated warehouse/garage at the rear of the lot. The log cabin home features more than 2,000 square feet on the main level, with 3 bedrooms and 2 full baths, a stone fireplace great room, and a chef’s kitchen with professional appliances, a large island, and extensive counter, prep, and storage space. A wraparound deck sits off the living area. The walk-out basement has been converted to offices and includes multiple offices and storage rooms, a full bath, mechanicals, and an entry foyer.
The warehouse is approximately 8,100 square feet with 10 overhead doors (ranging from 10’ to 12’) and 14’ interior ceilings. A loading dock provides access for larger trucks, and the building is heated.
Set on over 8 acres with mature trees, green contoured land, and a private pond, the property also includes a circle drive and a separate parking lot. Additional amenities noted include a Generac backup system for the home and an EV charging port. The address is 4418 North Richmond Road, Ringwood, IL 60072.
The warehouse is approximately 8,100 square feet with 10 overhead doors (ranging from 10’ to 12’) and 14’ interior ceilings. A loading dock provides access for larger trucks, and the building is heated.
Set on over 8 acres with mature trees, green contoured land, and a private pond, the property also includes a circle drive and a separate parking lot. Additional amenities noted include a Generac backup system for the home and an EV charging port. The address is 4418 North Richmond Road, Ringwood, IL 60072.
Key Highlights
- Over 8 acres in the Village of Ringwood with mature trees, green contoured land, and a private pond
- Heated 8,100 SF warehouse at the rear of the lot with 10 overhead doors (10' to 12') and 14' interior ceilings
- Warehouse includes a loading dock for big truck access, plus separate parking with a circle drive
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.0k | $24.48 |
| − Vacancy | −$33.1k | −$6.10 |
| EGI | $99.9k | $18.38 |
| − OpEx | −$25.0k | −$4.60 |
| NOI | $74.9k | $13.79 |
5,432 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.07M
$936.2K – $1.25M
NOI $74,898 @ 7.0% cap · market cap 5.00%
Second Best
Warehouse
$405.6K
$354.9K – $473.2K
NOI $28,394 @ 7.0% cap · market cap 1.89%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,280 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14 ft
Clear height
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60072, IL
988
Population
333
Households
3
Avg Household Size
47
Median Age
36%
College-Educated
96%
High-School Grad
9.7 sq mi
ZIP Area
102
Density / Sq Mi
$153,542
Median Household Income
$66,875
Median Earnings
$1,021
Median Rent
$390,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Greenway Storage & Rental — 4408 State Rte 31, Ringwood, IL 60072
- Pioneer Storage — 4010 Pioneer Rd, Johnsburg, IL 60051
- Stade Grain Co — 4312 Pioneer Rd, McHenry, IL 60051
Frequently Asked Questions
What type of property is this?
Warehouse - Heated warehouse with 10 overhead doors plus a log home on a private pond parcel.
Where is this warehouse located?
The property is located at 4418 North Richmond Road Ringwood, IL.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Over 8 acres in the Village of Ringwood with mature trees, green contoured land, and a private pond; Heated 8,100 SF warehouse at the rear of the lot with 10 overhead doors (10' to 12') and 14' interior ceilings; Warehouse includes a loading dock for big truck access, plus separate parking with a circle drive
