• 24121 W Riverwalk Ct, Plainfield, IL 60544

For Sale

Industrial

For Sale

This property is available for sale
1.91
Acres
$4,800,000
Sale Price
  • Year Built
    1974 (Renovated 1999)
  • Overview

    Entire 83,400 SF building available for sale. Originally building with 20' clear ceiling was built in 1974, and it was expanded by 34,300 SF in 1999 with 18' clear ceilings in the expansion space. Gas heat, A/C in office and 50% of the warehouse. 54% occupied, NOI is $312,996 per year, cap rate is 6.5% on actual income. Property is being sold on a "as is, where is" basis.

    54% occupied
    6.5% cap rate on actual income
    Located minutes from I-55 (Rt. 59 and I-55 full interchange)
    Environmentally clean
    Class B industrial park
    Low Will County real estate taxes

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Property Details

83,400 SF Available As A Value-Add Investment Opportunity in Plainfield, IL

Entire 83,400 SF building available for sale. Originally building with 20' clear ceiling was built in 1974, and it was expanded by 34,300 SF in 1999 with 18' clear ceilings in the expansion space. Gas heat, A/C in office and 50% of the warehouse. 54% occupied, NOI is $312,996 per year, cap rate is 6.5% on actual income. Property is being sold on a "as is, where is" basis.

54% occupied
6.5% cap rate on actual income
Located minutes from I-55 (Rt. 59 and I-55 full interchange)
Environmentally clean
Class B industrial park
Low Will County real estate taxes

  • Property Type
    Industrial
  • Year Built
    1974Renovated 1999
  • Sale Price
    $4,800,000
  • Total Acres
    1.91
  • Cap Rate
    7.0%
  • Property ID
    2160664

Landlord's Sales Representative

  • Anne Dempsey
    Colliers | Chicago - Rosemont