Property Details

TITLE:
Immaculate Auto Repair Naperville/Aurora
CONTROL:
Buyers Broker
VALUE:
$1,800,000
LOAN:
$675,000
EQUITY:
$1,125,000
TYPE:
Retail/Commercial
HAVE:
Four Bay Auto Repair (3800 SF) in Prime location on Eola between Naperville and Aurora. Flexible use on high traffic route between largest suburb cities in Illinois.
ADDRESS:
2940 Weber, Aurora, Illinois
BENEFITS TO NEW OWNER:
High Traffic Road Between Two largest Chicago suburbs Established Client Base Value add opportunities Flexible Commercial Use
Flyer
OTHER FILES:
GROSS SCHEDULED INCOME:
$900,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$900,000
EXPENSES:
$500,000
NOI:
$400,000
DEBT SERVICE:
$37,000
CASH FLOW:
$363,000
CAP RATE:
22.22%
CAN ADD:
House in Sugar Grove
REMARKS:
Owner would consider exchange moving to resort area southern belt states. Difficult to put together actual NOI because of how owner reported for tax purposes. Property is underutilized. Loan @ 3.75% but not written assumable.
COUNSELOR:
Theresa Mueller
Trelleum Real Estate
132 N Washington
Naperville, Illinois, 60540
Cell: 630-715-9999