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179 S NORTHWEST Highway - Multi-tenant 4-unit office/retail building on busy Route 14. 147' on Route 14 corner location. Excellent lit monument signage on Route 14 and the building itself. Full basements under both buildings. Owner is licensed real estate broker. New roof on 179 side in 2014. Tenant in 181 is on a month to month lease with 30 day notice clause. Suitable for user/investor.

Listing information

  • MLS® ID: 08056246
  • Status: Active
  • New Construction: No
  • County: Mc Henry
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1950
  • Parking Type Description: Private 12 cars
  • Estimated Annual Taxes: $10,463


Air Conditioning Central Air
Approximate Age Older
Backup Info Demographics, Environmental Audit, Existing Survey, Floor Plans and Specs, Leases-Copies, Legal-Description, Tax Bill, Title Report, Traffic Counts
Construction Concrete Block
Current Use Commercial
Docks Drive-in Doors, None
Electrical Service 101-200 Amps, 3 Phase, Circuit Breakers, Separate Meters
Exterior Building Type Other
Extra Storage Spaces Available (Y/N) No
Fire Protection Fire Extinguisher/s
Floor Finish Carpet, Concrete, Tile, Varies
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access State Road
Geographic Locale Northwest Suburban
Heat/Ventilation Forced Air, Gas
Information Listing Agent Must Accompany, No Sign on Property
Investment (Y/N) Yes
Known Encumbrances First Mortgage
Location Corner
Misc Inside Basement, Multi-Tenant, Private Restroom/s
Misc Outside Security Lighting
Other # Of Drive In Doors - 1, # Of Tenants - 4, # Of TL Docks - 0, # Of Units - 4, Approx Total Bldg Sq Ft - 4000, Ceiling Height (Ft) - 9, Expense Year - 2016, Gross Rental Income $ - 47400, Net Oper Income $ - 31572, Net Operating Income Year - 2016, Tax Year - 2016, Total Annual Exp - 0, Total Annual Income - 47400, Total Monthly Income - 3950, Township - Algonquin, Zoning Type - Commr
Outdoor Parking 6-12 Spaces, Private Lot, Unpaved
Ownership Type Individual
Possession Tenant's Rights
Potential Use Commercial, Office and Research, Retail
Property Offered For Sale Only
Property Type Retail/Stores
Roof Coverings Rubber
Roof Structure Flat
Sale Terms Conventional
Tenant Pays Air Conditioning, Electric, Janitorial, Scavenger, Tax Stops
Unincorporated (Y/N) No
Utilities To Site Electric to Site, Gas to Site, Septic-Private, Well-Private
Water Drainage Drainage Ways
Listing Courtesy of Premier Commercial Realty