1600 E Lincoln Highway, DEKALB IL 60115 Photo 1 1600 E Lincoln Highway, DEKALB IL 60115 Photo 2 1600 E Lincoln Highway, DEKALB IL 60115 Photo 3 1600 E Lincoln Highway, DEKALB IL 60115 Photo 4 1600 E Lincoln Highway, DEKALB IL 60115 Photo 5
Listing Courtesy of Rvg Commercial Real Estate

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1600 E Lincoln Highway - 78,200 square foot mixed use building located on Route 38. Currently generating a 10 Cap rate. Less than 5% vacant. Common area of less than 5% of building. Extra large parking lot with spaces for 275+ vehicles. Heavy power.

Listing information

  • MLS® ID: 09367000
  • Status: Active
  • New Construction: No
  • County: De Kalb
  • Style: Mixed Use
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1970
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $48,067

Features

Air Conditioning Zoned
Approximate Age 36-50 Years
Backup Info Aerial Map, Tax Bill
Built Before 1978 (Y/N) Yes
Construction Wood Frame
Docks Depressed, Leveler/s
Electrical Service 240V Power, 3 Phase, Over 600 Amps
Fire Protection Sprinklers-Wet
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Far West
Heat/Ventilation Ceiling Units, Forced Air, Gas
Information 24-Hr Notice Required, Show-Key in Listing Office
Known Encumbrances First Mortgage
Other # Of Apts - 0, # Of Offices - 0, # Of Tenants - 9, # Of Units - 10, Approx Total Bldg Sq Ft - 78200, Electricity Expense - 0, Expense Year - 2013, Fuel Expense - 0, Gross Rent Multiplier - 0, Gross Rental Income $ - 27610, Insurance Expense - 0, Net Oper Income $ - 17168, Net Operating Income Year - 2013, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 143071, Total Annual Income - 331320, Total Monthly Income - 27610, Township - Dekalb, Water Expense - 0, Zoning Type - Commr
Outdoor Parking Over 100 Spaces
Possession Tenant's Rights
Property Type Mixed Use
Roof Structure Flat, Metal Decking
Tenant Pays Varies by Tenant
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
Listing Courtesy of Rvg Commercial Real Estate