1730 P J Keller Highway

    Lexington, IL 61753
    • $595,000
    • STATUS: Active
    • ON SITE: 280 days
    • MLS #: 10425620
    $595,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,664
      SQFT
    • $358
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2013
    County:
    Area:

    School Ratings & Info

    Description

    Great Investment Opportunity for the Passive Investor. The property is located right off the I-55 interchange at exit 178. Currently the property is encumbered with a Five (5) year Net Lease, with building structure including roof as only Landlord responsibilities. The lease is in its second (2) five year term with 3 more options to renew, each with a 10% rental rate increase. This lease is corporately guaranteed by Subway Real Estate LLC.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2020-03-27T23:49:37.597 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.homesearchil.com/homes/96162581

    1730 P J Keller Highway Lexington, IL 61753

    • Price: $595,000
    • Status: Active
    • MLS #: 10425620
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,664
    SQFT
    $358
    $/SQFT
    2013
    Built
    Neighborhood:
    Lexington
    County:
    Mc Lean
    Area:
    Lexington
    Property Description
    Great Investment Opportunity for the Passive Investor. The property is located right off the I-55 interchange at exit 178. Currently the property is encumbered with a Five (5) year Net Lease, with building structure including roof as only Landlord responsibilities. The lease is in its second (2) five year term with 3 more options to renew, each with a 10% rental rate increase. This lease is corporately guaranteed by Subway Real Estate LLC.
    Exterior Features

    Construction Wood Frame Foundation Concrete Frontage Access City Street Lot Dimensions 146X80X43X203X110X Lot Sq Ft 20038 Number Of TLDocks 0 Roof Coverings Shingle Composition Roof Structure Gable

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Number Of Drive In Doors 0 Number Of Stories 1

    Property Features

    Bnar Zoning B1 Current Use Commercial Electrical Service Circuit Breakers Exterior Building Type Vinyl SidingBrick Financial Amounts For Total Building Rental Onl Yes Heat Ventilation Forced Air Investment YN Yes Lease Type Net Max Avail Sq Ft Rentable 1664 Min Avail Sq Ft Rentable 1664 Net Oper Income Amount 29400 Net Operating Income Year 2018 Number Of Tenants 1 Possession Closing Property Offered For Sale Only Tax Year 2018 Taxes 7466.78 Tenant Pays Common Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceWater/Sewer Total Annual Income 29400 Total Monthly Income 2450 Township Lexington Unincorporated YN No Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Schrof Companies, Inc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2020-03-27T23:49:37.597 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Littlefield Group | Keller Williams Realty
    2441 Village Green Place
    Champaign IL, 61822