Sold
Closed
14429 S Wallin Drive S
Plainfield IL, 60544
$1,100,000
$105.77 per sqft
Sold
Closed
10,400 sqft
Commercial
Built in 2003
Courtesy of Coldwell Banker Realty
This is a great opportunity for an investor looking to capitalize on the potential of an up and coming area. The 10,400 SF building is currently being re-purposed from a bank to a multi-use facility that could be used for a variety of purposes. The Property is 100% leased for 5 years to Special Education Services, also known as The Menta Group stable cash flow. First Floor SF 7,483 SF and Second Floor SF 2,917 SF. The building is located in a prime location in Plainfield IL, which is experiencing a surge in population growth and economic development. The building has great potential for a variety of uses, such as office space, retail, restaurant, or even a community center. The building is also conveniently located near major highways and public transportation. This is a great opportunity for an investor to capitalize on the potential of an up and coming area. Great investment or user building. Two story with elevator access to the second floor. First floor is approximately 7,500sf; 3,000sf second level B-2 Zoning allows for many uses in the community which benefits from strong day and evening population counts. The building is an all brick facility with four drive through lanes. It comes with 6 HVAC system, 2 full bathrooms and several offices in addition to elevator access to 2nd floor. On site parking is approximately 46 stalls. Parking ratio is 4.42/1,000. Very well maintained and offers 9.50% cap ratio.
11896140
MLSⓇ ID
September 28, 2023
Listed
August 23, 2024
Updated
Map
14429 S Wallin Drive S
Plainfield IL, 60544
Interior Features
Total Stories
2
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
1.28 Acres
Roof
Composition
Other Property Details
Area Name
Plainfield
Taxes
$18,521
Tax Frequency
Annually
Days on Market
10
Garage
No
View
No
County
Will
Municipality
Plainfield
Pool
No
Zoning
COMMR
Courtesy of Coldwell Banker Realty, Moin Haque,
Listing Contact: 630-518-0806
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Based on information submitted to the MLS GRID for MRED 8/23/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 12:15 PM UTC, 8/23/2024
