For Sale
$1,119,000

207 Church St Sandwich, IL 60548

High-Visibility, Fully Leased Investment

Overview

Added:
Feb 3
Days on market:
78
This exceptional 13,159 square foot commercial building at 207 E Church Street in Sandwich, IL presents a compelling investment or lease opportunity. Boasting a highly desirable location with daily traffic counts ranging from 9,600 to 11,000 vehicles (per IDOT data), this modern elevator building offers excellent visibility and accessibility. Ample parking is available for tenants and customers. The property is currently almost fully leased, with a Letter of Intent on file for the remaining vacant unit (Unit B), ensuring immediate income generation. This means the property is effectively 100% occupied except for the basement, which offers significant potential for additional income. The basement already features a finished lobby, common bathrooms, and high ceilings, simplifying any future build-out. Tenants include a nationally recognized company and a federally backed lease, providing exceptional stability and minimizing risk. The current owner is performing a leaseback on Unit B, which is reflected in the current income projections. With a strong 8.52% cap rate, this property represents a solid addition to any income property portfolio, offering a secure and profitable investment opportunity. The building's modern amenities and established tenant base make this a truly exceptional offering in the Sandwich commercial market. This is a rare opportunity to acquire a well-maintained, high-performing commercial property with significant upside potential.

Property Details for 207 Church St

Property type
Commercial real estate
Square Feet
13,159 SF
Year Built
2006

Location Insight

City
Sandwich
County
DeKalb
State
Illinois
Latitude
41.64477
Longitude
-88.61871

FAQs

What type of property is this?
Commercial real estate - High-Visibility, Fully Leased Investment
Where is the commercial real estate located?
The property is located at 207 Church St Sandwich, IL.
What is the asking price?
The asking price for this property is $1,119,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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207 Church St
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