For Sale
$599,900

1203 Deer St Yorkville, IL 60560

High-yield warehouse, multi-tenant, 9,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 9,000 square foot multi-tenant warehouse located at 1203 Deer St, Yorkville, IL 60560. The property, built in 1980, sits on a 0.961-acre lot and boasts a strong 10.73% cap rate with a net operating income (NOI) of $64,380. Priced at $599,900 ($66.66/sq ft), this single-story building offers eight dock-high doors, providing excellent access for loading and unloading. The property includes three units, each with a price of $199,966.67, and currently houses two tenants. Six bathrooms and office space are included, enhancing the property's functionality and rental appeal. Ample parking is available, with a ratio of three spaces per 1,000 square feet. The property is zoned for industrial use and is ideally suited for owner-users or investors seeking a high-return industrial asset in a thriving location. This automotive-centric property offers significant potential for growth and income generation. The property's strategic location in Kendall County, Illinois, provides easy access to major transportation routes, further enhancing its investment value. This is a rare opportunity to acquire a well-maintained, high-performing industrial property in a desirable market.

Highlights

  • $599,900 asking price for a 9,000 square foot industrial warehouse in Yorkville, IL.
  • 10.73% cap rate with a $64,380 NOI.
  • Multi-tenant property with two tenants and three units, each priced at $199,966.67.
  • Features eight dock-high doors, ample parking (3 spaces per 1,000 sq ft), and sits on a 0.961-acre lot.
  • Built in 1980, the single-story building is zoned industrial.

Property Details for 1203 Deer St

Property type
Warehouses, Industrial properties
Square Feet
9,000 SF
Year Built
1980
Stories
1
Lot Size (sq. ft)
41,861 SF
Units
3

Location Insight

City
Yorkville
County
Kendall
State
Illinois
Latitude
41.6305781
Longitude
-88.4433881

FAQs

What type of property is this?
Warehouse - High-yield warehouse, multi-tenant, 9,000 SF
Where is the warehouse located?
The property is located at 1203 Deer St Yorkville, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: $599,900 asking price for a 9,000 square foot industrial warehouse in Yorkville, IL.; 10.73% cap rate with a $64,380 NOI.; Multi-tenant property with two tenants and three units, each priced at $199,966.67.
How can I contact the broker?
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1203 Deer St
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