26639 Commerce Drive # 403-404

Volo, IL
$ 704,000 Beds 0 Baths 0 Sq 16,000
Monthly Estimate* How much can I afford?

These 2 Industrial condominium units are part of a 4- unit building built in 2002. They are connected internally and occupied by a single tenant who is a commercial manufacturer with a strong occupancy and rental history. Each unit has independent commercial drive in doors and loading docks. They also have separate gas and 277/480V 3 Phase power. Heating is provided by 3-4 overhead gas powered heating systems. The roof is constructed with a Firestone rubber membrane. All roofing, HVAC, driveways, landscaping and brick tuckpointing are regularly maintained and covered by HOA fees (including exterior building insurance). These pristine, fully leased units are offered at an 8% Cap Rate. The units are offered as a package, not individually. This area of Volo is growing both commercially and residentially. These units are in a thriving commercial complex that includes a stable children's day care center. Located near the intersections of Route 120 and Route 60, the average car count per day exceeds 24,000. Association Dues: Unit 403: $9,636/YR; Unit 404: $9,636/YR

Contingent

  • Price
  • $ 704,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 16,000
  • Full Bathrooms
  • 0
  • Year Built
  • 2003
  • Half Bathrooms
  • 0
  • City, Zip
  • Volo
  • Taxes
  • 23153
  • County
  • LAKE
  • Style
  • Area
  • Volo
  • MLS#
  • 10812869
  • Zip
  • 60073
Listing Provided by: AW Properties Global/Auction Works

Features

General

Contingency Attorney/Inspection
Property SubType Manufacturing / Warehousing
Property Type Commercial Sale
Property Type Industrial
Standard Status Active Under Contract

Exterior Features

Building Area Total 16000
Lot Dimensions 16000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Long Grove, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/10/2020 Listed $704,000

Property vs Zip Code Average in 60073

Price
AVG $190K
$700K
Taxes
AVG $5,907
$23,153
Visits
AVG 36
58
Year Built
AVG 1986
2003
Walkscore
AVG 31
8
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

26639 Commerce Drive # 403-404 Volo, IL is a Single Family Home for sale at $704000 with 16000 sqft and a lot size of Acre(s). 26639 Commerce Drive # 403-404 Volo has 0 bedrooms, 0 baths and was built in 2003. The property's zip code is 60073 which is in Volo, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.