Wauconda, IL 60084,1145 N Old Rand RD
See all 20 photos
Wauconda, IL 60084,1145 N Old Rand RD
Wauconda, IL 60084,1145 N Old Rand RD
Wauconda, IL 60084,1145 N Old Rand RD
Wauconda, IL 60084,1145 N Old Rand RD

$1,650,000

Est. payment /mo

$1,650,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1145 N Old Rand RD Wauconda, IL 60084

12,500 SqFt

SOLD DATE : 09/15/2024

Key Details

Sold Price $1,650,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 12,500 sqft

Price per Sqft $132

MLS Listing ID 12103475

Year Built 1980

Annual Tax Amount $12,299

Tax Year 2022

Lot Size 0.870 Acres

Property Description

Industrial building located at 1145 N Old Rand Rd Wauconda IL in Lake county. This property is located near Rt 12, and situated in an industrial park. This property offers a combined total of 12,500 rentable square feet. It features a 1,200 sq ft modern office area with two well-appointed bathrooms and a locker room. The shop/warehouse contains 10,000 sq ft and a mezzanine that contains additional 1,400 sq ft. The property is situated on .87 acres and offers ample outside storage and parking spots. Includes a recessed loading dock with a manual dock plate, and two additional 14 ft tall doors. The building is equipped with a 480 Y 277/ 3 phase 4 wire 800 amps electrical system. For enhanced safety, the entire building, including the office area, is equipped with a comprehensive sprinkler system. The current industrial submarket in the immediate area has shown strength over the past year. Vacancy in the South Lake County industrial submarket is 5.6% and has decreased 0.8% over the past 12 months. Rents are around $10.60/SF, which is a 4.7% increase from where they were a year ago. In the past three years, rents have increased a cumulative 21.5%. This property is well suited for an investment opportunity or owner use.

Location

State IL

County Lake

Area Wauconda

Zoning INDUS

Interior

Cooling Central Air, Exhaust Fan

Flooring Concrete, Tile

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Building

Structure Type Block

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Paul Proano • Coldwell Banker Commercial NRT
Bought with Heather Schweitzer • Premier Commercial Realty

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.