North Shore Industrial Building for sale

1007 Tower Court, Winnetka, IL

$2,750,000

Price

5.95%

Cap Rate

$163,624.81

NOI

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Overview
Cap Rate
5.95%
NOI
$163,624.81
Building Size
14,000 sqft
Lot Area
0.2181 acres
Occupancy
84%
Units
6
Floors
3
Description

A unique 14,000 square foot mixed-use retail/office and industrial warehouse property. Potential for Multi-Family or Mixed Use.

Located on the East side of Green Bay Rd. 1/2 block North of Tower Road setback behind street-facing buildings and accessible from a courtyard entry or wide alley (with city parallel parking).

Highlights
  • The only industrial zoned property in Winnetka
  • Two address exposure
  • Access from Tower Court and Green Bay Road
  • Height of building provides cell tower usage (currently only used by Sprint)
  • Retail automotive use unit with two (2) drive-in-doors
  • Large capacity freight elevator
  • Loft style office building
  • Large auto repair garage with six (6) floor lifts (3 electric, 3 hydraulic) and one 2-post removable lift
  • Private parking areas. Municipal parking lot behind building
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Location
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