825 E North St, Elburn, IL

825 E North St, Elburn, IL

825 E North St, Elburn, IL

Golden Group Real Estate, serving as the exclusive agent for the Seller, is pleased to announce the sale of a light industrial/flex property with a 7.65% capitalization rate, located in the small village of Elburn, IL, approximately 46 miles west of Chicago. The sale included the land and two buildings: a one-story frame warehouse and a one-story masonry office. The property has undergone extensive renovations and updates in recent years. At the time of the sale, it was occupied by a single NNN tenant, with 1.5 years remaining on the initial lease and 3% annual escalations.

We extend a special thank you to all parties involved in this transaction.

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