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$400,000
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2103 - 2105 Galilee Avenue Zion, IL 60099
Other
Residence
Beds
Baths
...
Bed/Bath
8,665
Sq. Ft.
Property Activity
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days
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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.
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MLS#
11939616
Property Type
Other
Year Built
1959
Square Feet
8,665
sq. ft
Lot Size
0.3
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