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    OFF-MARKET
    Parking lots & garages

    14427 California Ave, Posen, IL 60469

    2,600 SF 0.55 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,600 square foot industrial/warehouse property in Posen, IL, presents a fantastic opportunity for businesses seeking a strategic location and ample space. Situated on a 0.55-acre lot, this property boasts convenient access to major interstates I-294 and I-57, ensuring seamless transportation and logistics. The building features high ceilings, measuring 13'5", providing significant vertical storage capacity. A substantial 7' attic offers additional storage solutions. The expansive yard provides ample parking, with enough space to accommodate semi-trucks on either side of the building. The warehouse itself includes two 11'10" tall by 11'10" wide overhead doors, facilitating easy loading and unloading of goods. The interior layout is flexible and adaptable. Currently, there is a large office space, which was previously divided into two separate offices. The dividing wall could easily be reinstated to create two distinct office areas, each with its own private entrance. The office area is equipped with heating and window unit air conditioning for year-round comfort. Two bathrooms, conveniently located on opposite sides of the building, cater to employee needs. Each garage bay is independently heated, ensuring optimal working conditions. This property offers a compelling combination of size, location, and functionality, making it an ideal choice for a variety of industrial and warehousing operations. The property is priced at $350,000.

    Property profile
    Verified
    Property type Parking lots & garages
    Total area 2,600 SF
    Lot 0.55 ac (23,958 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
    Current use
    Occupant on record · Public records
    • Carlin Moran Landscape, Inc. Landscaping General Contractor
    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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