3323 Kennicott AveArlington Heights, IL 60004

For Sale
$11,800,000

10-Acre Industrial Building, Fully Air-Conditioned

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 99,365-square-foot industrial property, situated on 10 acres in Arlington Heights, Illinois (zip code 60004), presents a compelling investment opportunity. The building, constructed in 1982 and boasting a new roof with warranty, offers a versatile layout ideal for distribution, manufacturing, or warehouse operations. Features include a 24-foot clear height, 2,000 amps of 480-volt electric service, and ample loading capabilities with six interior docks and two drive-in doors. The expansive space includes 50' x 40' bays, and a sizable 15,154-square-foot mezzanine with elevator access. Office space ranges from 10,355 to 25,355 square feet, adaptable to various business needs. The property also features 38 trailer parking spaces and car parking at a ratio of one space per 1,000 square feet, with expansion potential. Currently, 30,777 square feet generate income at a modified gross lease rate of $13.50 per square foot. The building is 100% air-conditioned and benefits from energy-efficient LED lighting. Its prime location offers excellent highway access at Dundee/Route 53, providing convenient transportation links. The asking price for this fully air-conditioned industrial facility is $11,850,000. Available space ranges from 53,367 to 68,588 square feet.

Highlights

  • Available space: 53,367 - 68,588 SF.
  • Office space: 10,355 - 25,355 SF.
  • Building size: 99,365 SF on 10 acres.
  • Clear height: 24 feet.
  • Power: 2,000 amps, 480 volts.
  • Bay size: 50' x 40'.

Location Insight

City
Arlington Heights
County
Cook
State
Illinois
Latitude
42.1360711
Longitude
-87.9946577
3323 Kennicott Ave, Arlington Heights, Illinois

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3323 Kennicott Ave
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