1860 W Cruger Rd, Washington, IL 61571
For Sale
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This exceptional commercial property at 1860 W Cruger Road in Washington, Illinois, offers a variety of flexible warehouse and industrial spaces. The property consists of one building totaling 8,640 square feet, situated on a parcel with APN 02-02-15-101-070 and zoned C-2. Currently, one 1,440-square-foot unit is immediately available for lease, featuring a 16-foot ceiling height, oversized garage door, man door, floor drains, and an overhead heater. All utilities (water, sewer, electric, and gas) are included in the gross monthly lease rate of $1,500. Additionally, two larger 2,880-square-foot units are under construction and will be ready for occupancy starting August 1, 2024, each leasing for $3,000 per month, all utilities included. This prime location offers convenient access to Route 24, making it an ideal space for various commercial and industrial uses. The property is a brand new build, ensuring modern and efficient facilities. Interested parties are encouraged to express their interest promptly.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.