Property profile

1326 Industrial Dr Lake in the Hills, IL 60156

OFF-MARKET
Warehouses
40,984 SF 4.8 ac lot Built 1984
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Property summary

AI-generated overview

This exceptional 40,984-square-foot industrial warehouse, situated on a 4.8-acre lot in Lake in the Hills, Illinois, presents a compelling investment opportunity. Built in 1984 and boasting M-1 zoning, this property offers ample space and versatility for various industrial, warehouse, or distribution uses. The building features impressive 24'-26' ceiling heights, facilitating efficient operations and storage. Nine external loading docks and three drive-in doors ensure seamless loading and unloading processes. The property also benefits from significant recent upgrades, including a completely new fire sprinkler system (2023) with an 8-inch main, a 3,400 AMP electrical service, ADA accessibility improvements, HVAC upgrades in the office area, new warehouse furnaces, a renovated parking lot, and building-wide LED lighting. Additional features include a 10-ton crane and ample outside storage space. The property's address is 1326 Industrial Dr, Lake in the Hills, IL 60156, with APN numbers 19-21-251-003

Property profile

Verified
Property type Warehouses
Year built 1984
Total area 40,984 SF
Lot 4.8 ac (209,088 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1326 Industrial Dr Lake in the Hills, IL 60156
Lake in the Hills metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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