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58-98 E Schoolhouse Rd
Yorkville, IL 60560

$2,985,991 USD

General Retail For Sale • 14,916 SF

Property Details

Property Type General Retail
Total Building Size 14,916 SF
Lot Size 1.31 AC
Building Class C
Year Built 2007
Tenancy Multiple
Zoning B-3

20 Walk Score

                
                    Highlights
                
                                100% occupied multi-tenant retail center along Yorkville’s high-traffic Route 47 corridor
                            
                                Strong in-place NOI of approximately $215K with projected NOI growth to ~$227K
                            
                                Diverse service-oriented tenant mix including Anytime Fitness, Southern Belle, Verlo Mattress, and LA Tan
                            
                                Approximately 262’ of frontage with excellent visibility and access from Route 47
                            
                                Attractive investor yield with ~7.2% current cap rate and ~7.7% pro-forma cap rate
                            
                                Built-in upside through contractual rent increases and future lease rollover opportunities

Property Flyers

58-98ESchoolhouseRd_Nilson_Nilson

Amenities

Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Plano Amtrak Station (Carl Sandburg - Amtrak, Illinois Zephyr - Amtrak)	13 min	-	6.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	75
Type:	Surface
Included in Rent:	Yes

Dakota Nilson 312-838-8873 @properties Commercial

58-98 E Schoolhouse Rd Yorkville, IL 60560