10414 Vine St Huntley, IL 60142
- Commercial real estate
- 48,150 SF
- 3.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 10414 Vine St
- Year built
- 1971
- Lot size
- 3.43 lot acres
- Property size
- 48,150 SF
- Property type
- Commercial real estate
- APN
- 18-28-176-017
- APU
- 1828176017
Description
This exceptional investment opportunity presents a 47,749 square foot shopping center ideally located off Route 47 in the thriving Huntley, IL market. Boasting excellent visibility and high traffic counts, this property offers significant potential for strong returns. The center benefits from long-term tenants, ensuring consistent income streams. A recent capital improvement program included a brand new roof installed in September 2022, along with the replacement of all air conditioning units, minimizing future maintenance expenses and maximizing operational efficiency. Currently, there is 18,864 square feet of retail space available for lease, presenting an immediate opportunity to increase revenue and occupancy. This property represents a rare chance to acquire a well-maintained, income-producing asset in a rapidly growing area, making it an attractive investment for discerning buyers seeking stable returns and future appreciation. The property sits on a 0-acre lot, and the asking price is $5,400,000. This is a turnkey operation ready for immediate income generation and long-term growth. The property's prime location and recent upgrades make it a truly compelling investment opportunity.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,733,000
- AI Estimate
- $3,811,000
Market price range: $2.24M - $6.48MMarket price range: $2.50M - $8.87M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,135,000 Current use
- INDUSTRIAL (GENERAL)
- $5,910,000 Change: +43% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Huntley
- County
- Mchenry
- State
- Illinois
- Longitude
- -88.4263
- Latitude
- 42.1779
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA