Property summary
This exceptional 8,916-square-foot Class A office building is situated on a 1.84-acre lot in Washington, Illinois, conveniently located off US Route 24/Boyd Parkway near Illinois Central College. Built in 2015, this single-tenant property boasts modern amenities including 3-phase electric power, a Generac auto-failover generator ensuring uninterrupted operation, and comprehensive fiber and ethernet cabling throughout. Safety features include fire and theft alarm systems, fire-rated security doors, and a tornado-rated shelter. Multiple HVAC units maintain optimal climate control. The building's design allows for a 5,200-square-foot addition on the northeast corner. A significant advantage is the potential inclusion of high-quality office furniture, a projector, conference room equipment, and select artwork (valued at $150,000) as part of the lease agreement. The property is zoned B-1 and features the Tax Assessor Parcel Number (APN) 01-01-13-201-019 in Tazewell County. The lease is a triple net (NNN) lease. This turnkey opportunity presents a rare chance to acquire a modern, well-equipped office space in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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