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Wells Fargo - Porte Brown

Closed

Wells Fargo - Porte Brown

1752 Capital Street, Elgin, IL 60124

Market Summary

Price                                          $4,373,600

NOI                                            $382,692

Gross Square Feet                     26,799

Price/Square Foot                    $163

CAP Rate                                    8.75%

Parcel Size                                 2.52 Acres

Year Built                                   2008

Major Tenants:

CTIDiers

Porte Brown

Wells Fargo

Description

Marcus & Millichap is pleased to present 1752 Capital Street in Elgin, Illinois. This high-quality asset was built in 2008 and is located at the intersection of Interstate 90 and Randall Road. This is a crossroads of commerce in the north western suburbs.

 

High-quality investment products surround this building, with a Chase Operations Center located next door to the property and the new Advocate Sherman Hospital located directly across Randall Road. John B Sanfilippo & Son corporate headquarter is located nearby.

 

The property is fully stabilized and will provide the new owner ease of management and steady cash flow.

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