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Vandy Properties Morton Grove LLC 7840-7860 Lehigh Ave
120,000 SF Industrial Building Morton Grove, IL 60053 $19,561,086 CAD ($163 CAD/SF)
Investment Highlights
- Price is Subject to Offer | ±9500 SF Class A Offices Space; WiFi throughout: CCTV Throughout, Interior and Exterior
- 80% of the roof repaired/replaced in 2020; LED Lighting throughout the Service Facility
- 2000a Services throughout the facility; Access to additional energy in proximity; Wet system sprinkler
- Employee Lunch and Locker rooms; Employee Convenience & Fitness Center on Mezz Level
- 20+ Boom Cranes ranging in size from 1-ton to 2.5-ton, 10 Overhead Cranes ranging in size from 3-ton to 20-ton
- MWRD Rainwater Permeable Surface; No Soil Contamination Issues; Floor drains; Six (6) Service bays: Industrial Vehicle Lift; Epoxy Floors
Executive Summary
120,000 SF Facility situated on 4.57 acres with M2-2 local Zoning Designation.
Many updates and upgrades throughout make this an ideal opportunity for an investor or an end user.
Must see to Appreciate.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Front Loading
- Raised Floor
- Storage Space
- Common Parts WC Facilities
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
120,0000 SF of industrial space including ±7,500 SF of Grade A rentable office space. Another ±5,000 SF of expandable office space situated on the Mezzanine Level available. Building also available for sale.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Full Building | 120,000 SF | Industrial | Full Build-Out | 30 Days |
1st Fl - Full Building
| Size |
| 120,000 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl - Full Building
| Size | 120,000 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
120,0000 SF of industrial space including ±7,500 SF of Grade A rentable office space. Another ±5,000 SF of expandable office space situated on the Mezzanine Level available. Building also available for sale.
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,204,326 CAD | |
| Land Assessment | $573,639 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $630,687 CAD | Tax Year | 2023 |
PROPERTY TAXES
zoning
| Zoning Code | M2-2 (Zoning is accommodative to many applications, necessary for purchaser to verify desired uses against Village Code.) |
| M2-2 (Zoning is accommodative to many applications, necessary for purchaser to verify desired uses against Village Code.) |
Contacts
-
John Joyce, CCIM SIOR -
David Pernice -
Laurence Woznicki -
SVN | Chicago Industrial
Presented by
Vandy Properties Morton Grove LLC | 7840-7860 Lehigh Ave
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