Author's posts

Jan 15

SOLD: 107 S Main Street, Wauconda, IL

100% Leased Mixed Use building consists of 2 Retail/Office tenants on 1st level, 2 Residential Apartments on 2nd and fully rented Lower Level to Hobby Club. Great location in Center of Downtown Wauconda 100% leased-$68k Annual Income 35′ frontage on Main St Walking distance to Bangs Lake Contact Listing Broker for Details   [pdf-embedder url=”http://www.joeheffernan.com/wp-content/uploads/2021/01/107SMain.pdf”]

Nov 10

SOLD: 3900 Hawthorne Ct, Waukegan, IL

Warehouse/Manufacturing Building With Many Allowed Uses SALE PRICE: $1,769,850 LOT SIZE: 1.97 Acres BUILDING SIZE: 37,260 SF OFFICE SPACE: 2,336 SF Nice office finishes 20′ – 22′ Ceiling Height 2 Docks 2 Drive in Doors; 12’X14′ & 14’X14′ Sprinklered T-5 lighting, energy efficient Radiant heat system in WH, energy efficient 600 amps/3 phase Low Lake …

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Jun 19

SOLD: 650 Morse, Schaumburg, IL

Located in the middle of Schaumburg Industrial area this self storage facility offers opportunity to continue as storage facility with upside in rents. Offering 45 storage units and addiitonal 25 outdoor parking spaces, facility has approximately 30% vacancy. Built in 1970’s some deferred maintenance yet also long term potential for site redevelopment. Income ±$70k Annually. …

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Jun 19

SOLD: 26 W Belvidere, Hainesville, IL

  Offered well below Assessor Value-Opportunity to obtain building with great location, potential for either owner/user on 1st level and offer for rent offices on second level or invest as an income property. Second level has separate entrance, was formerly apartment, now used as office rentals; needs finishing. Lot in rear measures 66′ x 132′ …

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Dec 04

SOLD: 836 S Northwest Hwy, Barrington, IL

Potential Owner/user Office Building for sale with income located in the Village of Barrington. Multiple Tenants-Annual income ±25,000 (65% occupied) Building Size ±4200sf 25+ Parking Zoned B-1 General Business Contact Joe Heffernan for more details joeh@kwcommercial.com See flyer and additional photos [pdf-embedder url=”http://www.joeheffernan.com/wp-content/uploads/2019/12/836Snwhwy.flyer_.pdf” title=”836Snwhwy.flyer”]

Dec 04

SOLD: 1540 Old Rand Rd, Wauconda, IL

Standalone Building for Sale: $650,000; Now $595,000 Lease: $15/sf; Now $10/sf Modified Gross Total SF: ±5,100sf, Office ±3,000, Warehouse ±2,000 plus ±3000 Mezzanine Additional Lot for expansion Zoned Light Industrial Available March 15, 2020[pdf-embedder url=”http://www.joeheffernan.com/wp-content/uploads/2019/12/1540OldRandFlyer-1.pdf” title=”1540OldRandFlyer”] Contact Joe Heffernan for more details joeh@kwcommercial.com Potential Owner Financing See additional photos and uploaded flyer. [pdf-embedder url=”http://www.joeheffernan.com/wp-content/uploads/2019/12/1540OldRandFlyer.10.29.20.pdf”] Contact …

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Sep 10

Off Market: 400 S Old Rand Rd, Lake Zurich, IL 60047

Lake Zurich Office Building ±6500sf plus full useable basement Adjoining lot ±30,000sf ideal for future expansion of building, parking or new structure Former Lake Zurich School Administration building, offices, conference rooms on all floors. 6 bathrooms total – 2 per floor level. [pdf-embedder url=”http://www.joeheffernan.com/wp-content/uploads/2019/09/400SOldRandLZ.Flyer_.pdf” title=”400SOldRandLZ.Flyer”]

Sep 06

For Sale: 27065 W RT120 (Volo Village Rd), Volo, IL

27065 W RT120, Volo, IL 60073 3.08 acres for sale; also offered as part of larger Developement Property 34.7 acres. Highly Visible to RT 120-27,000 cars per day 1/4 mi east of new Woodmans Food Market-Opened 9-5-19 List Price: $771,570; $5.75/sf [pdf-embedder url=”http://www.joeheffernan.com/wp-content/uploads/2019/09/2765RT120.3.08acreflyer.pdf”]

Feb 08

His Profit was $8 per house…

Read today of the passing of a true rags to riches story, Larry Weinberg, first started in real estate building houses. That sounds enterprising for a young 20 something, recently married, but his profit was $8 a house. Even back then that’s not much. Its people like Larry that have made this country great for …

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Feb 05

Sold: 1301 N Old Rand Road, Wauconda, IL

6120/SF Building Approximately 1200sf office, 4900sf Warehouse 1-Drive In Door 10×10 1-Dock .73 acre lot Zoned L-1 (limited industrial) Easy Access to RT12 and Bonner Rd Sale Price: $428,400 Lease For: $7.95/sf Modified Gross Contact Joe Heffernan for more details