1145 N Old Rand Road Wauconda, IL 60084
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Industrial building located at 1145 N Old Rand Rd Wauconda IL in Lake county. This property is located near Rt 12, and situated in an industrial park. This property offers a combined total of 12,500 rentable square feet. It features a 1,200 sq ft modern office area with two well-appointed bathrooms and a locker room. The shop/warehouse contains 10,000 sq ft and a mezzanine that contains additional 1,400 sq ft. The property is situated on .87 acres and offers ample outside storage and parking spots. Includes a recessed loading dock with a manual dock plate, and two additional 14 ft tall doors. The building is equipped with a 480 Y 277/ 3 phase 4 wire 800 amps electrical system. For enhanced safety, the entire building, including the office area, is equipped with a comprehensive sprinkler system. The current industrial submarket in the immediate area has shown strength over the past year. Vacancy in the South Lake County industrial submarket is 5.6% and has decreased 0.8% over the past 12 months. Rents are around $10.60/SF, which is a 4.7% increase from where they were a year ago. In the past three years, rents have increased a cumulative 21.5%. This property is well suited for an investment opportunity or owner use.
a month ago | Listing first seen online | |
2 months ago | Listing updated with changes from the MLS® |
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Based on information submitted to the MLS GRID as of 2024-09-08 01:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Data last updated: 2024-09-08 01:00 AM UTC
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