South Barrington, IL 60010,18 Executive Court
South Barrington, IL 60010,18 Executive Court
South Barrington, IL 60010,18 Executive Court
12
$860,000
$875,000
1.7%
Est.Price: ?

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8,300 SqFt

18 Executive Court South Barrington, IL 60010

Est. payment /mo
SOLD DATE : 06/01/2023

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Key Details

Sold Price $860,000

Property Type Commercial

Sub Type Office/Tech

Listing Status Sold

Purchase Type For Sale

Square Footage 8,300 sqft

Price per Sqft $103

MLS Listing ID 11727290

Sold Date 06/01/23

Year Built 2003

Annual Tax Amount $67,914

Tax Year 2021

Lot Size 1.820 Acres

Lot Dimensions PER SURVEY

Property Description

The subject property is a two-story office building with high-end, fully built out 8,300 SF of office space on the first floor, and 525 SF of storage space on the second floor. The building is ideal for an owner/user or an owner/user investor. Currently, the seller occupies approximately half of the building and plans to vacate upon selling, and a mortgage company occupies the other half of the building. The mortgage company leases space on a year-to-year term and has been in the building for many years. A buyer can either keep this tenant or not renew them and use the full building. There is also an architect occupying two executive suites on a year-to-year term. The income from the tenants is roughly equivalent to the property taxes and association dues for the building.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

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Listed by Olivia Czyzynski • Sperry Van Ness
Bought with Peter Cangialosi • Joseph Rossi & Associates

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Kari Kohler

Broker | FA.475.129019

+1(630) 673-4586

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