The Thompson Group
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Excellent opportunity to own a light-industrial property with additional rental income on a large 4.35 acres at 14499 E IL Route 72 in Davis Junction. The property features a 10,140 sq. ft. industrial building with a front office area, conference room, kitchenette, four bathrooms and two spacious shop areas offering flexibility for a variety of industrial, manufacturing or service-related uses. The shop areas feature an average ceiling height of approximately 15.5 feet, two exterior overhead garage doors, four exterior service doors, 600-amp, 240-volt, 3-phase electrical service and two air filtration systems. The property also includes a detached garage with a concrete floor for additional workspace or storage. Adding significant investment value are 44 storage units that are approximately 90% occupied and fully rented, the PGI is over 32,000/year.. The storage area is secured with fencing, automatic gate access and a camera surveillance system. Easy access and conveniently located just minutes from I-39.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1970
Lot Size: 4.35 acres
General Information
County: Ogle
Listed By:
Keller Williams Realty Signature
815-315-1111
MRED MLS
MLS ID: 12734511
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14499 E Il Route 72, Davis Junction, IL 61020.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $750,000 | $750,000 | $750,000 |
| Down Payment | $150,000 | $26,250 | $187,500 |
| Monthly Mortgage Amount | $3,792 | $4,655 | $4,709 |
| Taxes | $1044 | $1044 | $1044 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $330 | $0 |
| Monthly Estimated Total | $5,055 | $6,248 | $5,972 |
The Thompson Group
Kirk Thompson and Julisa Pineda
Cell: (563) 299-0999
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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