600 Spg Hl Ring RdWest Dundee, IL 60118

For Sale
$3,300,000

15,000 SF Office/Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional one-story, 15,000 square foot commercial property, located at 600 Spring Hill Ring Rd, West Dundee, IL 60118, presents a compelling investment opportunity. Built in 1990, this Class B building sits on a 1.01-acre lot and boasts 96.7% occupancy under a modified lease structure with multiple tenants. The property is zoned B-2, allowing for versatile use as office or retail space. Its prime location offers high visibility and easy access to major thoroughfares, attracting significant foot traffic from nearby businesses and residential areas. The asking price is $3,300,000, representing a 7.50% cap rate. The property features ample parking and a modern layout, making it an attractive option for a variety of businesses. This freestanding building offers a strong return on investment in a thriving Kane County location. The property's strategic position ensures consistent traffic and growth potential, making it an ideal acquisition for investors seeking a stable and profitable commercial asset. This multi-tenant property offers a diverse revenue stream and significant upside potential.

Property Details for 600 Spg Hl Ring Rd

Property type
Other retail properties, Individual retail properties
Square Feet
15,000 SF
Class
B
Year Built
1990
Buildings
1
Stories
1
Lot Size (sq. ft)
43,996 SF

Location Insight

City
West Dundee
County
Kane
State
Illinois
Latitude
42.101722221931
Longitude
-88.30027537876
600 Spg Hl Ring Rd, West Dundee, Illinois

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600 Spg Hl Ring Rd
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