For Sale
$3,200,000
949 Oak Creek Dr Lombard, IL 60148
Otis-Leased Industrial Building; 7.25% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- $3,200,000 asking price for a fee-simple interest in a Lombard, IL industrial property.
- Net-leased to Otis Elevator with a remaining lease term of 3.3 years (expiring 12/31/2027).
- 21,912 square foot building on a 1.58-acre lot, built in 1994, renovated in 2019.
- 7.25% cap rate based on a $232,249 NOI.
- Located in a high-density, affluent area of Lombard, IL with excellent access to major highways and airports.
Property Details for 949 Oak Creek Dr
- Property type
- Industrial properties, Manufacturing properties
- Square Feet
- 21,912 SF
- Year Built/Renovated
- 1994/20219
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 68,825 SF
Location Insight
- City
- Lombard
- County
- DuPage
- State
- Illinois
- Latitude
- 41.8501969
- Longitude
- -88.0334849
949 Oak Creek Dr, Lombard, Illinois
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FAQs
- What type of property is this?
- Industrial property - Otis-Leased Industrial Building; 7.25% Cap Rate
- Where is the industrial property located?
- The property is located at 949 Oak Creek Dr Lombard, IL.
- What is the asking price?
- The asking price for this property is $3,200,000.
- What are key features of this property?
- This property features: $3,200,000 asking price for a fee-simple interest in a Lombard, IL industrial property.; Net-leased to Otis Elevator with a remaining lease term of 3.3 years (expiring 12/31/2027).; 21,912 square foot building on a 1.58-acre lot, built in 1994, renovated in 2019.
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