Ignite FB Tracking Pixel201 E Veterans Parkway, Yorkville, IL 60560 - Angie Faron
Re/max Professionals Select
Angie Faron, Re/max Professionals SelectPhone: (815) 351-0689
Email: [email protected]
listing
1 of 0
Commercial
$975,000
201 E Veterans Parkway
Yorkville, IL 60560
Courtesy of Joseph D. Mirante
MLS: Midwest Real Estate Data
8,000Sq Ft
Est. Mortgage
$5,133/mo

We are pleased to present exclusively listed for sale or lease, an all brick building located at 201 East Veterans Parkway, Yorkville, IL. The property is an 8000 square-foot free standing retail/office building. Property is located just off the hard, signalized intersection of Route 47 and Veterans Parkway (Route 34), a heavily traveled retail thoroughfare. This commercial building is currently demised into two tenants with the ability to deliver the building 100% vacant at close of escrow. The back portion if the building is 18.6% or 1,488 sf and is encumbered by a lease through 2/28/2022, at which time the lease will convert to month to month, allowing the most flexibility to the new owner/occupant. This space consists of four offices suites, two bathrooms and private entrance. This space will be offered for $1495 gross after 2/28/2022. The front portion of the building was leased to a real estate firm that was subleasing to smaller professional office users. Tenants have consisted of attorneys, CPA's, Brokers, Marketing firms, Computer Repair and Financial Advisors. Leased office suites are on a month to month lease. There are 13 private offices in total, 7 are occupied. Available luxury office suites being offered at $400 to $696/mth. This is an excellent value-add opportunity for an investor or user. A new owner could keep these tenants in place and negotiate longer leases, then occupy the vacant space, lease up the vacant space, or the entire building could be delivered vacant as early as 3/1/2022. The building has been completely updated inside and out with new windows, HVAC, is brick construction and has an electronic monument sign, as well as other recent improvements. This is an excellent location as you enter the growing suburb of Yorkville, IL. Route 34 is the East/West arterial passing through the center of Yorkville and Route 47 is the major North/South arterial connecting Yorkville with I 88 to the North and I 80 to the South. Yorkville has had a 96% Population Growth Since 2000 and is expecting 12.54% growth In the next five years. 96% Population Growth Since 2000 and Expecting 12.54% Growth In Next Five Years Current Average HHI is $117,833 Within One Mile and $125,386 Within Three Miles Approximately 20,000 Vehicles Per Day Pass the Property: Intersection has 14,300 - 18,100 on Veterans Parkway ( Ogden, Route 34 ) and 18,500 - 32,800 - on Bridge Street ( Route 47 ) Recent Improvements: Three New HVAC Units 2019, All New AC Curb Units, Vent Stacks and Gas Pipes 2020 | EPDM Roof Re-seamed at All Penetration Points 2020 METICULOUSLY MAINTAINED Located in a Dense Retail Corridor, Surrounded by National and Regional Retailers: Aldi, Walgreens, Ace Hardware, O'Reilly, Advance Auto, Jewel and More.

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Based on information submitted to MRED as of 10/17/2021 08:27 PM. 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.

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