Description

Perimeter offices along window line. Reception area, conference rooms, lunch/break room. Location at prime I-94 intersection at Route 132 (Grand Ave) within Grand Tri State Business Park. AT&T fiber and Comcast high speed cable. Looped electrical system (two substations). Minutes to hotels, banks, PACE bus routes, and restaurants.

 


61344
Area Sq-ft

Property ID

3

Property Type

Farm

Area

61344 Sq-ft

Status

For Rent

For Sale

61,344 Sq. Ft. Industrial Building Park Place Business Center

436 Park Avenue, Lake Villa, Illinois

Remarks:   Must see this facility to appreciate. 

This well-equipped industrial facility is improved with many upgrades.  The design, layout and features of the building can accommodate a wide variety of uses such as distribution & delivery companies, food companies, medical, automotive, recreational, manufacturing, assembly and storage operations

Site Improvements:
13 parking spaces for 30’ delivery trucks
Concrete paving for loading docks
Kohler natural gas generator for entire facility
Security cameras for building exterior
Outdoor Patio with adjacent lawn area
Landscaping
Fire Hydrant
Office Area:
5,256 Sq. Ft. with 6 private offices, conference room, graphics room, lunch room, open area for work stations, storage room, secure record storage room and IT room.
Washroom facilities with one set of washrooms ADA compliant
Security alarm system with cameras
Warehouse Area:
15,840 Sq. Ft. drive through area with triple catch basin trench drains
3,980 Sq. Ft. warehouse support area with storage, equipment cleaning rooms with sinks and floor drains, one office and a driver’s room
5,400 Sq. Ft. cooler addition for refrigeration or can be converted to warehouse space
Lift Truck storage and charging area
T-8 Lighting
Gas forced air unit heaters
Security alarm system with cameras
Available: 61,344 Sq. Ft.
Building Size: 61,344 Sq. Ft.
Land Area: 4.01 Acres
Office & Finished Areas: 5,256 Sq. Ft. Office Area & 3,960 Sq. Ft. Warehouse Support Area
Year Built: 2003 with addition in 2014
Description: Masonry – Precast Panel
Heat: Unit Heaters
Docks: Four (4) Exterior Docks servicing warehouse area
Drive-In Doors: Two (2) sets of 16’ x 14’ Grade Level Doors for drive through area
Parking: 40 vehicles plus 13 delivery truck spaces
Power: 1200 Amp panel & 200 Amp panel at  277/480 Volts, 3 PH, 4W

200 Amp panel at 120/208 Volts, 3 PH, 4W

Kohler Natural Gas Generator – 125KW, 277/480V, 200 Amp ATS

Ceiling Height: 24’ Clear Height
Column Spacing: 44’ x 39’
Sprinkler System: Standard System for warehouse
Real Estate Taxes: $1.32 per Sq. Ft.  (2017 Actual)
Sale Price: $3,987,360 ($65 per Sq. Ft.)
Remarks:

 

LI-2 (Light Industry) zoning. 15,840 Sq. Ft. drive through area. 5,400 Sq. Ft. refrigerated cooler.  Numerous upgrades to facility – see additional property specifications enclosed.  Lake Michigan water –  target completion date in 2018.   Adjacent 4.41 acre lot for building and parking expansion for sale at $735,000 ($3.83 per Sq. Ft.).

Contact:

Robert Elbrecht

Phone: 847.360.1375
Email: re@tristaterealty.com

Commercial and Industrial Real Estate
Licensed in Illinois and Wisconsin

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