910 Piemonte Drive $1,800,000


    910 Piemonte Drive East Dundee, IL 60118

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

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    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



    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

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        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

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        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.