22 Poss St, Glen Ellyn, IL 60137

This exceptional 3-acre commercial land parcel in Glen Ellyn, Illinois (DuPage County, zip code 60137), is zoned I-1 Light Industrial, presenting a unique investment opportunity. The property, located at 22 Poss Street, boasts a steady income stream from multiple tenants. A significant portion of the income is derived from a long-term lease with American Tower for a cellular antenna situated on the southwest corner. This lease, initiated in 1998, recently underwent a 5-year renewal in April 2023, with three additional 5-year renewal options extending the lease to 2043. The current monthly rent from American Tower is $1,868.73. Beyond this substantial income source, the property generates approximately $8,000 per month in additional rental income from other month-to-month tenants. The property's I-1 zoning makes it ideal for various uses, including outdoor storage, heavy/construction equipment yards, and company truck/trailer parking. This combination of consistent rental income and versatile zoning makes this property a compelling investment prospect in a desirable location. The property's latitude and longitude coordinates are 41.8956248 and -88.0672927 respectively.