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3305 Delany Road
Waukegan, IL 60087
Asking Price
$750K
Asset Type
Warehouse Land
Class
Class B
What's Special
Prime Industrial Redevelopment Opportunity – ±1.75 Acres <p>Exceptional development opportunity on approximately <strong>1.78 acres</strong> of unimproved land situated at the highly visible hard corner of <strong>Delaney Road and Yorkhouse Road</strong>. Zoned <strong>I-1 (Restricted Industrial District)</strong>, the property offers flexibility for a wide range of industrial, commercial, and redevelopment uses (see attached zoning map).</p><p></p><p>Strategically positioned adjacent to <strong>Oak Grove Business Park</strong>, the site benefits from
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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911
