Turnkey Industrial Investment Opportunity in Zion - Don't miss out on this incredible chance to own a highly profitable industrial property in Zion, IL. This commercial building located at 2103-2105 Galilee Ave presents a fantastic cap rate and is fully occupied by long-term, reliable tenants. Built in 1959, this industrial property offers a total building size of 8,665 square feet, with 4 units providing a combined leasable area of 2,000 square feet each. The lot size is 14,588 square feet, providing ample space for parking with 8 spots available. The property is zoned for commercial use and features concrete, steel, and brick construction. With a gross rental income of $39,960 annually and a net operating income of $30,688, this investment boasts a cap rate of 8%. There is also potential for increased rent by adding a second entryway and a bathroom. Located in the desirable north suburban area, this property is conveniently accessible from Route 173 and offers great potential for a variety of commercial, warehouse, or investment purposes. Don't miss your chance to own this profitable industrial investment property in Zion. Contact us today for more information and to schedule a showing.
Based on information submitted to the MLS GRID as of 04/27/2024 05:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
