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    Warehouses

    1326 Industrial Dr, Lake in the Hills, IL 60156

    40,984 SF 4.8 ac lot Built 1984
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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