200 Nebraska Avenue, ELBURN IL 60119 Photo 1 200 Nebraska Avenue, ELBURN IL 60119 Photo 2 200 Nebraska Avenue, ELBURN IL 60119 Photo 3 200 Nebraska Avenue, ELBURN IL 60119 Photo 4 200 Nebraska Avenue, ELBURN IL 60119 Photo 5 200 Nebraska Avenue, ELBURN IL 60119 Photo 6
Listing Courtesy of Premier Property Group of Il

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200 Nebraska Avenue - To be built. Architect designed upscale brick building in business district of Elburn. Many options for 9500 sq ft of commercial space on 1st floor. Can be divided to suit client needs. 9 luxury residential rentals on the 2nd floor. Plenty of angled parking on .83 acre lot. Ideal investment for owner-occupied--let the tenants pay the mortgage. 7.5% cap rate. Just off Route 47 and close to Route 38 and commuter train.

Listing information

  • MLS® ID: 08325419
  • Status: Active
  • New Construction: No
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 2013
  • Parking Type Description: None 0 cars
  • County: Kane

Features

Air Conditioning Central Air
Approximate Age New Construction
Built Before 1978 (Y/N) No
Construction Wood Frame
Docks None, Service Entrance
Electrical Service Circuit Breakers, Separate Meters
Exterior Building Type Brick
Fire Protection Alarm On Site, Fire Extinguisher/s, Hydrants On Site, Partially Sprinklered, Smoke or Fire Protectors, Sprinklers-Wet
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Owner Projection
Geographic Locale Far West
Heat/Ventilation Forced Air, Gas
Information None
Location Central Business District
Misc Inside Handicapped Access, Inside Corridor/s, Multi-Tenant
Misc Outside Enclosed Stairs, Handicapped Access, Security Lighting
Other # Of Apts - 9, # Of Dishwashers - 9, # Of Disposals - 9, # Of Dryers - 9, # Of Offices - 5, # Of Ranges - 9, # Of Refrigs - 9, # Of Units - 14, # Of Washers - 9, # Of Window/Ac - 0, Approx Total Bldg Sq Ft - 18296, Electricity Expense - 1000, Fuel Expense - 0, Gross Rent Multiplier - 9.26, Gross Rental Income $ - 26204, Insurance Expense - 4500, Net Oper Income $ - 18201, Other Expenses - 33028, Scavenger Expense - 2000, Tax Year - 2011, Total Annual Exp - 66926, Total Annual Income - 182019, Total Monthly Income - 21837, Township - Blackberry, Water Expense - 1500, Zoning Type - Commr
Potential Use Commercial, Office and Research, Residential-Multi-Family, Retail
Property Type Mixed Use
Roof Coverings Membrane
Roof Structure Flat
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Janitorial, Water/Sewer
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Sewer-Storm Available, Water to Site
Washer/Dryer Lsd (Y/N) No
Water Drainage Floor Drains, Storm Sewers
Listing Courtesy of Premier Property Group of Il