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    11173-11193 Dundee Rd Huntley, IL 60142

    Sponsored
    For Sale
    $4,500,000

    59,400 SF Flex Space, Multi-Tenant

    Property size:
    59,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 59,400 square foot industrial property, located at 11173-11193 Dundee Rd, Huntley, IL 60142, presents a compelling investment opportunity. The property, classified as Class C, encompasses a single, two-story building on a 6.83-acre lot, offering ample space for various uses. Currently operating at 35% occupancy with five tenants across thirty units, this multi-tenant flex, manufacturing, and warehouse space boasts significant upside potential. The asking price is $4,500,000 with a gross lease type and credit-rated tenants. Built in 1960 and extensively renovated in 2023, the property features upgraded HVAC systems, roofing, parking lots, and energy-efficient lighting. Key features include 14-18 foot ceiling heights, six dock-high doors, and two loading docks, along with 60 parking spaces per 1,000 square feet. The property is zoned M and offers potential for expansion on the adjacent 4+ acres of land, ideal for light manufacturing. This prime location in Huntley, Illinois provides easy access to amenities and transportation routes, making it an attractive option for a wide range of businesses, including office, medical, gym, restaurant, contractor, and warehouse/distribution operations. The property's versatile nature and significant expansion potential make it a truly unique investment opportunity in a thriving community.

    Property Features for 11173-11193 Dundee Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    59,400 SF
    Class
    C
    Lot Size
    297,515 SF

    Building Details

    Year Built/Renovated
    1960/2023
    Buildings
    1
    Stories
    2
    Units
    30

    HighLights

    • Office space available for professional use.
    • Medical office suites available.
    • Space ideal for gyms and mixed martial arts centers.
    • Restaurant and entertainment venues welcome.
    • Small industrial units perfect for contractors.
    • Warehouse and distribution space with ample indoor and outdoor storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntley
    County
    McHenry
    State
    Illinois
    Longitude
    -88.4281415
    Latitude
    42.1680796

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    FAQs

    What type of property is this?
    Distribution property - 59,400 SF Flex Space, Multi-Tenant
    Where is this distribution property located?
    The property is located at 11173-11193 Dundee Rd Huntley, IL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Office space available for professional use.; Medical office suites available.; Space ideal for gyms and mixed martial arts centers.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11173-11193 Dundee Rd Huntley, IL 60142
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