$ 1,599,000
-
$1,599,000
Price -
0
Bed - Bath
-
3,750
SqFt
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About the Listing 10317 - 169983
PROPERTY HIGHLIGHTS * NNN Lease * NOI * National Tenant * 44K SF Lot * Drive-Thru * 5K SF Building * Parking for 50+ * High-traffic National tenant (Steak 'n Shake) in place since 1998 offers great stability in a high-traffic intersection of Chicago's northwest suburbs. LAND AND BUILDING FOR SALE. Lease with a long-term tenant in place with no reason to think they won't continue. Lease renewal every 5 years - next renewal July 2026 Tenant has been in place since property was built in 1999 In 2036 Terms can be renegotiated Income: $10,477.79 Per Month - Annual Income $125,733.48 True NNN lease - even when expenses go up the NNN covers everything.
Listing Highlights for 2508 W Higgins Rd
Status
Active
Days on Site
131
Property Type
Commercial Sale
MLS ®
12360330
Year Built
1997
Total Square Footage
3,750
Lot/Acreage
1.15
County
Cook
Area
Hoffman Estates
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Bldg Heat
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 270X400
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $93,502
- Taxes w/Assessments: N/A
- Tax/Property ID: 07071000260000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
2508 W Higgins Rd Hoffman Estates, IL 60169
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