1395-1401 W Jeffrey DR, Addison, IL 60101 – 10805125

$2,400,000

$2,565,000

6.4%

Est.Price: ?

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Est. payment -/mo

37,745 SqFt

SOLD DATE : 01/29/2021

Key Details

Sold Price $2,400,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 37,745 sqft

Price per Sqft $63

MLS Listing ID 10805125

Sold Date 01/29/21

Year Built 1988

Annual Tax Amount $48,269

Tax Year 2019

Lot Size 1.940 Acres

Lot Dimensions 216.7X335X270.8X353.3

Property Sub-Type Industrial

Property Description

RARE OPPORTUNITY-2 Adjoining Free-Standing BUILDINGS totaling 37745 SQ FT Industrial/Warehouse/Manufacturing. Both Buildings have own Utilities- each with High Power Electric (1200 AMP/240Volt/3Phase) Service. Building#1 (1395 Jeffrey) Appx 17787 SqFt with appx 2300 Sq Ft Office Space, New Roof 2011, 1-Drive in Door,(12x12), 1-Depressed Dock (12x16) with Leveler & 3 TON Crane, 16' Ceiling Height/14' Clear. 420 SqFt Appx Bridge connecting the 2 Buildings has 2-(10x10 ea) Fire Doors. Building#2 (1401 Jeffrey) Appx 20000 SqFt with 1000 SqFt LunchRoom/Locker Room/Potential Office, New Roof 2011, 2-Drive in Doors (12x14 ea), 2 Depressed Docks with 2 Levelers (24X14), 18'Ceiling Height/16' Clear. On 1.9 ACRES MOL with Appx 80 Parking Spots. Currently Used for Manufacturing with MULTIPLE POSSIBILITIES... could be Commercial, Industrial, Warehouse, Investment, Owner User (with Tenant & Expansion Potential??) or SubDivide. Immediate Access to I-355 via North Ave. Survey in Additional Documents. COMPETITIVELY PRICED at $68/sq ft. Owner Related to Listing Agent.