executive summary for sale/lease

The Kim Group • 6015 N Knoxville Avenue, Suite 104, Peoria, IL 61614 • 309.693.9900 http:www.TheKimGroup.com

KATIE [email protected]

OFFERING SUMMARY

Available SF: 8,759 SF

List Price: $475,000

Lease Rate: $7.00 SF/yr

($2.00 SF/yr NNN)

Lot Size: 0.96 Acres

Building Size: 8,759 SF

Zoning: INDUSTRIAL/BUSINESS

Year Built: 1980

Year Remodel: 2017

Number of Stories: 1

Number of Units: 4

PROPERTY OVERVIEWNewly renovated and ready to move in multi tenant office/warehouse space in PioneerPark. Includes adjacent vacant lot (1804 Chanute). Quick access to University Street andRoute 6. 440 electrical on pole at building. Well insulated walls and ceiling in warehousespace. Main shop has metal ceiling panels. Insulated steel overhead doors with electricaloperators. Insulated steel stud walls inside siding and insulated all around. Insulationbelow the steel roof and above the steel panels & newer roof.

PROPERTY HIGHLIGHTS• Multi Tenant Building

• Prime location for easy access to expressway

• Additional lot for growth

• Office and Warehouse space

• 2 Drive in Doors

• 1 Loading Dock

LOCATION OVERVIEWNorth on University, Right onto W Chanute. (Across from Brown Animal Hospital)

FOR SALE/LEASE1720-1724 W CHANUTE ROAD, PEORIA, IL 61615

EXECUTIVE SUMMARY1720-1724 W CHANUTE ROAD, PEORIA, IL 61615



FINANCING DATA

Purchase Price: $475,000

Down Payment: $95,000.00

Loan Amount: $380,000.00

Debt Service Monthly: $2,221.00

Property Taxes: $7,394.42

Estimated Monthly Income: $5,863.05

AVAILABLE SUITES

Purchase Price: Space Use: Rate: Type: Size:

1720 Chanute Flex Space $7.00 SF/yr $2.00 SF/yr NNN 2,756 SF

1724 Chanute Office Building $7.00 SF/yr $2.00 SF/yr NNN 2,053 SF

1722 Chanute Warehouse $7.00 SF/yr $2.00 SF/yr NNN 3,950 SF

PROPERTY HIGHLIGHTS• Multi Tenant Building

• Prime location for easy access to expressway

• Additional lot for growth

• Office and Warehouse space

• 2 Drive in Doors

• 1 Loading Dock


FINANCIAL OVERVIEW1720-1724 W CHANUTE ROAD, PEORIA, IL 61615




SITE PLAN1720-1724 W CHANUTE ROAD, PEORIA, IL 61615


FLOOR PLANS1720-1724 W CHANUTE ROAD, PEORIA, IL 61615






ADDITIONAL PHOTOS1720-1724 W CHANUTE ROAD, PEORIA, IL 61615




AREA BUSINESS MAP1720-1724 W CHANUTE ROAD, PEORIA, IL 61615

executive summary for sale/lease

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