11173-11193 Dundee Rd Huntley, IL 60142
- Warehouses
- 59,400 SF
- 6.83 lot acres
Current Use by Public Records
- Warehouses
Property Details for 11173-11193 Dundee Rd
- Year built
- 1960
- Lot size
- 6.83 lot acres
- Property size
- 59,400 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Huntley
- County
- McHenry
- State
- Illinois
- Longitude
- -88.4281
- Latitude
- 42.1681