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875 Woodlands Pkwy

Off-Market

875 Woodlands Pkwy, Vernon Hills, IL 60061

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 149,132 Sqft
  • Lot Size 6.9 Acre
  • Parking Spaces Avail. 134
  • Parking Ratio 0.90/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1987

Location

  • City Vernon Hills, IL
  • Zip Code 60061
  • Market Chicago

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 05 Sep, 2019
  • Purchase Price $9,000,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Vernon Hills

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Vernon Hills Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $18.21
  • 2020 Office Vacancy Rate 22.09 %
View more Vernon Hills market trends

Tax

  • Property Tax in 2020 $204,203
  • Market Value $6,999,387
  • Assessed Value $6,999,387

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 875 Woodlands Pkwy?

875 Woodlands Pkwy totals 149,132 square feet.

When was this property built?

875 Woodlands Pkwy was built in 1987.

When was 875 Woodlands Pkwy last sold?

875 Woodlands Pkwy was last sold on 05 Sep, 2019.

What was the last purchase price for 875 Woodlands Pkwy?

875 Woodlands Pkwy was last sold for $9,000,000.

What is the property tax for 875 Woodlands Pkwy?

The property tax for 875 Woodlands Pkwy in 2020 was $204,203.

What is the market value for 875 Woodlands Pkwy?

The market value for 875 Woodlands Pkwy in 2020 was $6,999,387.

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