About 2103 - 2105 Galilee Avenue
Turnkey Industrial Investment Opportunity in Zion - Don't miss out on this incredible chance to own a highly profitable industrial property in Zion, IL. This commercial building located at 2103-2105 Galilee Ave presents a fantastic cap rate and is fully occupied by long-term, reliable tenants. Built in 1959, this industrial property offers a total building size of 8,665 square feet, with 4 units providing a combined leasable area of 2,000 square feet each. The lot size is 14,588 square feet, providing ample space for parking with 8 spots available. The property is zoned for commercial use and features concrete, steel, and brick construction. With a gross rental income of $39,960 annually and a net operating income of $30,688, this investment boasts a cap rate of 8%. There is also potential for increased rent by adding a second entryway and a bathroom. Located in the desirable north suburban area, this property is conveniently accessible from Route 173 and offers great potential for a variety of commercial, warehouse, or investment purposes. Don't miss your chance to own this profitable industrial investment property in Zion. Contact us today for more information and to schedule a showing.
Features of 2103 - 2105 Galilee Avenue
MLS® # | 11939616 |
---|---|
Price | $400,000 |
Bathrooms | 0.00 |
Acres | 0.30 |
Year Built | 1959 |
Type | Commercial Sale |
Sub-Type | Industrial |
Status | Active |
Community Information
Address | 2103 - 2105 Galilee Avenue |
---|---|
Area | Zion |
City | Zion |
County | Lake |
State | IL |
Zip Code | 60099 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Interior
Cooling | None |
---|---|
Fireplace | No |
Has Basement | No |
Exterior
Exterior | Aluminum Siding,Brick,Block |
---|---|
Roof | Composition |
Foundation | Concrete Perimeter |
Additional Information
Days on Market | 147 |
---|---|
Zoning | COMMR |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Success Realty |
---|