Cary, IL 60013,270 CARY-ALGONQUIN RD
Cary, IL 60013,270 CARY-ALGONQUIN RD
Cary, IL 60013,270 CARY-ALGONQUIN RD
9
$585,120
$699,000
16.3%
Est.Price: ?

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8,500 SqFt

270 CARY-ALGONQUIN RD Cary, IL 60013

Est. payment /mo
SOLD DATE : 05/30/2019

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Key Details

Sold Price $585,120

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $68

MLS Listing ID 10114830

Sold Date 05/30/19

Year Built 1994

Annual Tax Amount $23,754

Tax Year 2017

Lot Dimensions 185X189

Property Description

Auction! $699,000 is suggested opening bid not asking price; reserve price is higher. This retail shopping center is approximately 8,500 sf and has 6 individual units. A value add opportunity for an investor, this center currently has 2 units that are leased. A 7-11 convenience store is the anchor tenant and the other tenant is a dry cleaning business. Both tenants have been in place for over 10 years and are in long term auto renewal leases. Each unit has its own dedicated gas/electrical meter and HVAC systems. The building has been meticulously maintained and the roof and mechanicals are annually inspected with no known issues or leaks. Unit 6 (leased by the 7-11) is approximately 2,500 sf; Units 4 and 5 are approximately 2,005 sf each; Units 2 and 3 are approximately 900 sf each; Unit 1 (leased by the dry cleaners) is approximately 1,800 sf. Units 2-5 may be combined.

Location

State IL

County Mc Henry

Area Cary / Oakwood Hills / Trout Valley

Zoning COMMR

Interior

Cooling Central Individual

Fireplace N

Exterior

Roof Type Composition

Building

Level or Stories 1

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Diana Peterson • AW Properties Global/Auction Works
Bought with Diana Peterson • AW Properties Global/Auction Works

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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