Active
105 IL-71
Newark IL, 60541
$1,995,000
$209.56 per sqft
Active
9,520 sqft
Commercial
Built in 2007
Courtesy of eXp Realty, LLC
Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!
12048739
MLSⓇ ID
May 7, 2024
Listed
November 25, 2024
Updated
Map
105 IL-71
Newark IL, 60541
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
1.79 Acres
Roof
Metal
Other Property Details
Area Name
Newark
Taxes
$16,308
Tax Frequency
Annually
Days on Market
126
Garage
No
View
No
County
Kendall
Municipality
Big Grove
Pool
No
Zoning
COMMR
Courtesy of eXp Realty, LLC, Brittany Zickus,
Listing Contact: 708-674-0218
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Smith and Jones Realty, LLC are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 4:55 PM UTC, 11/25/2024
