2103 - 2105 Galilee Avenue, Zion, IL

$400,000

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0.30

Acres

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

OfficeKeller Williams Success Realty

Listing Map

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