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207 E Church St

16,091 SF 100% Leased Office Building Sandwich, IL 60548 $1,612,367 CAD ($100 CAD/SF) 8.52% Cap Rate

Executive Summary

Ideal commercial investment or lease opportunity with high visibility. Traffic counts between 9,600 and 11,000 per day (IDOT) Modern elevator building with ample parking. LOI on file for unit B making this property fully rented with the exception of the basement which has the potential to bring additional income and already has a finished lobby, common bathrooms, and high ceilings make this space an easy build out. Well established tenants are made up of a nationally known company and there is even a federally back leased. No worries here with fly by night tenants. With a cap rate of 8.52%, this money making property would make a great start or addition to your income property portfolio. Income based on current owner doing a lease back on unit B.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
16,091 SF
Building Class
B
Year Built
2006
Price
$1,612,367 CAD
Price Per SF
$100 CAD
Cap Rate
8.52%
NOI
$137,374 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,046 SF
Building FAR
0.65
Lot Size
0.57 AC
Parking
36 Spaces (2.23 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-36-106-010
Land Assessment
$67,972 CAD
Improvements Assessment
$387,714 CAD
Total Assessment
$455,686 CAD
  • Listing ID: 34043189

  • Date on Market: 2024-12-01

  • Last Updated:

  • Address: 207 E Church St, Sandwich, IL 60548

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