549, 551, 553, 555 W Carboy Road $1,275,000

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    549, 551, 553, 555 W Carboy Road Mount Prospect, IL 60056

    • 20,723 sq. ft.
    • 1.19 Acres
    • Commercial
    • MLS# 10678124
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    Views: 62 Days On Site: 384

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    Property Details

    Building Owner Operator Opportunity - Leased Subsidized Operation. May qualify for Small Business Loan depending on the prospect's finances. Frontal Unit #1 currently vacant Est. positive CAP. Financials reflect 2020 projection with state taxes adjustment and 555 Carboy vacant with still a positive cash flow. Sharp well-constructed and maintained with updated utilities and roof. Large parking lot for the area. Great location with access to multiple expressways. The building is a 4 Unit Manufacturing Building of 20,000 Plus SF (Unit Frontal #1 Est. 8,507SF, #2 and #3 Est.4,012SF each and #4 Est. 4,192SF) on 1.2 acres, Est., 600 Plus Amp Est. per unit, common 48 parking, 3 docks with one large common between Frontal # 1/ #2: 1 interior dock and 2 drive-up docks, each unit have its own Dock access. 14' Ceiling Clearance in Building. Finished Office Space: Frontal #1 Est. 1,800SF, Unit #2&3 Each Est. 336SF Plus with Est. 70SF Foyer Common and #4 Est. 526SF. Building units 2,3 / 4 currently leased to repeat renters. Lease available for Frontal Unit 1, 555 Carboy with common shared dock/receiving, power/air pressure drops, air and brick enclosed room. Office handicapped/large shop's bathrooms and fully air condition.Walk through 555 Carboy and outside videos on request.

    • General Features
      • Additional Parcels Y/N No
      • Area Mount Prospect
      • County Or Parish Cook
      • Current Use Commercial
      • Existing Lease Type Modified Gross
      • Gross Income 117600
      • Gross Scheduled Income 117600
      • Leasable Area 20723
      • Net Operating Income 21240
      • Number Of Units Total 4
      • Operating Expense 96
      • Possible Use Commercial,Condominium,Industrial
      • Property Sub Type Manufacturing / Warehousing
      • Tax Annual Amount 71691
      • Tax Year 2019
      • Tenant Pays Other
      • Total Actual Rent 7020
      • Township Elk Grove
      • Year Built 1980
      • Zoning INDUS
    • Building Features
      • Building Area Total 20723
      • Construction Materials Brick
      • Cooling Central Air, Central Individual, Partial
      • Electric Circuit Breakers, Over 600 Amps, 240V Power, Shared Meters
      • Flooring Carpet,Concrete
      • Foundation Details Concrete Perimeter
      • Roof Membrane
      • Stories 1
      • Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal
    • Property Features
      • Docks Interior
      • Frontage Type City Street, Public Road
      • Lot Size Acres 1.19
      • Lot Size Dimensions 145.5X351.5
      • Lot Size Square Feet 51836
      • Parcel Number 08234010140000
      • Parking Total 48

    Contact

    Lisa Mullen

    Lisa Mullen

    REALTOR®

    Arlington Heights Office

    Mobile Phone: 847-553-5504

    Neighborhood

    60056 (Mount Prospect) Demographics

    39 Median Age
    5,153 Population Density (per sq. mile)
    48% College Educated
    $69,102 Estimated Median Income
    14,188 Estimated Total Home Owners
    6,346 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    55,366 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $294,000 Median Sales Price
    49 Homes Sold
    115 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,275,000
        4/6/2021 12:16:47 AM Status Changed Source New Value: Active
        3/31/2021 9:31:48 AM Status Changed Source New Value: Price Change
        3/31/2021 9:31:48 AM Price Reduced Source New Value: $1,275,000 -5.56%
        1/17/2021 12:18:01 AM Status Changed Source New Value: Active
        1/11/2021 11:47:59 AM Status Changed Source New Value: Price Change
        3/27/2020 3:09:00 PM New in Database Source New Value: $1,350,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.