For Sale
$8,500,000
631 Park Ave Aurora, IL 60506
Multi-tenant industrial; high ROI potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- $8,500,000 asking price for this 341,810 square foot industrial property.
- 10.91% current cap rate, 15.28% pro-forma cap rate.
- Multi-tenant property with 7 tenants and 96% occupancy.
- $927,536 current NOI, $1,299,096 pro-forma NOI.
- Features 18 drive-in and 14 dock-high doors, 13 sprinkler risers, and high ceilings (18' to 34').
- Includes an operational crane facility and is constructed of brick with metal and concrete reinforcement.
Property Details for 631 Park Ave
- Property type
- Warehouses, Industrial properties
- Square Feet
- 341,810 SF
- Year Built
- 1950
- Lot Size (sq. ft)
- 755,330 SF
Location Insight
- City
- Aurora
- County
- Kane
- State
- Illinois
- Latitude
- 41.76530494
- Longitude
- -88.33173882
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - Multi-tenant industrial; high ROI potential.
- Where is the warehouse located?
- The property is located at 631 Park Ave Aurora, IL.
- What is the asking price?
- The asking price for this property is $8,500,000.
- What are key features of this property?
- This property features: $8,500,000 asking price for this 341,810 square foot industrial property.; 10.91% current cap rate, 15.28% pro-forma cap rate.; Multi-tenant property with 7 tenants and 96% occupancy.
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