910 Piemonte Drive $1,800,000

    Close

    910 Piemonte Drive East Dundee, IL 60118

    • 0 Beds
    • 0 Baths
    • Business
    • MLS# 11492027
    Favorite Share
    Views: 6 Days On Site: 114

    Go Tour This Listing

    Schedule A Showing

    Property Details

    NNN Leased-Fee property for sale! ATTENTION INVESTORS- 8% CAP RATE!! LEASED FEE INTEREST FOR SALE-EAST DUNDEE MARKET AREA. 16,330 sq ft. special-purpose auto body repair facility built 1995 & 1998. 1.33 acres, fenced, surrounded by new and pre-owned car/auto dealerships, plus new multi-$$million Altorfer Caterpiller sales/service facility. Annexed to East Dundee with TIF#2 as a line item in tax bill (costing $1,857 in 2021) Municipal water, sanitary sewer, police, and fire protection. Taxes 2021 $1.22psf (NNN Lease). Lessee- Service King, a national franchise with possible merger with Crash Champions in advanced discussions. $145,000 NOI through August 2025 with no option for renewal, but possibly could be renewed and/or extended. Lessor responsible for structural, roof. Nearby- Santa's Village Amusement Park -ByRider Pre-owned car sales -Piemonte Chevrolet Sales/Service -Robert Loquercio Ford Sales/Service -Altorfer Caterpiller dealership facility (new) -Max McGraw Wildlife Foundation -Healy Auto Sales -Enterprise Rent-A-Car -Superior Car Credit -Economy Plus Auto Sales/Service Zoning- B-4 East Dundee, Automotive Service District. History- This body shop was part of a Saturn dealership fronting on Rt. 25. The Saturn dealership minus the body shop was sold to ByRider Pre-owned Cars and the body shop was then leased to Service King.

    • General Features
      • Additional Parcels Y/N No
      • Annual Rent For Real Estate 145000
      • Area Dundee / East Dundee / Sleepy Hollow / West Dundee
      • Business Name BUSINESS NOT INCLUDED
      • County Or Parish Kane
      • Lease Expiration 2025-08-01
      • Operating Expense 0
      • Tax Annual Amount 19923
      • Tax Year 2021
      • Zoning COMMR
    • Building Features
      • Building Area Total 16330
      • Construction Materials Block
      • Cooling Central Air, Office Only
      • Electric Other
      • Roof Other
      • Stories 1
      • Utilities Electric to Site,Gas to Site,Sanitary Sewer,Sewer-Storm Available,Water-Municipal
    • Property Features
      • Lot Size Dimensions 187.12 X 320
      • Lot Size Square Feet 57934
      • Parcel Number 0325301008
      • Parking Total 50
      • Waterfront Y/N No

    Contact

    Neighborhood

    60118 (East Dundee) Demographics

    44 Median Age
    774 Population Density (per sq. mile)
    52% College Educated
    $95,836 Estimated Median Income
    4,526 Estimated Total Home Owners
    1,907 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    16,040 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $295,000 Median Sales Price
    13 Homes Sold
    23 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,800,000
        11/18/2022 3:17:21 PM Status Changed Source: Multiple Listing Service New Value: Contingent
        8/21/2022 12:17:48 AM Status Changed Source: Multiple Listing Service New Value: Active
        8/15/2022 1:18:00 PM New in Database Source: Multiple Listing Service New Value: $1,800,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Chicago are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. © 2022 Midwest Real Estate Data LLC. All rights reserved. Information Deemed Reliable but Not Guaranteed. Listing information from this property search 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. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Based on information submitted to the MRED as of 12/7/2022 2:57:04 AM. 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.
        The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
        The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.