10991 Ruth RdHuntley, IL 60142

This exceptional investment opportunity presents a 20,000-square-foot multi-tenant industrial building situated on a 67,670-square-foot lot at 10991 Ruth Rd, Huntley, IL 60142. The property, built in 1999, consists of a single, one-story building currently divided into two occupied units totaling 20,000 net rentable square feet. One unit encompasses 5,000 square feet, while the other comprises 15,000 square feet. Current tenants, a dance studio and a gymnastics facility, respectively, maintain 100% occupancy, generating a substantial net operating income (NOI) of $151,057, resulting in an attractive 8.17% capitalization rate. The asking price is $1,850,000, translating to $86.25 per square foot. The property boasts high ceilings, ample parking, and convenient access to Interstate 90, making it an ideal investment for those seeking reliable returns and potential for future growth. This is a net lease property.