AbodeABODE

105 IL-71

Newark, IL 60541

105 IL-71 , Newark, IL 60541 — exterior front view
105 IL-71 , Newark, IL 60541 — exterior view
105 IL-71 , Newark, IL 60541 — exterior view

105 IL-71

Newark, IL

$1,995,000

ActiveMLS #MRD12048739

105 IL-71

Newark, IL 60541

$1,995,000

List Price

Studio

Layout

9,520

Sq Ft

$210

/ Sq Ft

About This Property

Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see thi...

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Square Feet9,520
Price / Sq Ft$210
Days on Market748
Building
StyleRetail
Year Built2007
Lot Size230X317X240X303
CountyKendall
CoolingCentral Air
ExteriorSteel Siding
FoundationConcrete Perimeter
RoofMetal
Lot Dimensions230X317X240X303
MLS #MRD12048739
Days on Market748
List DateMay 6, 2024
StatusActive
Annual Taxes$16,308
Listing Courtesy OfeXp Realty

Listed for sale

MLS #MRD12048739

$1,995,000

May 7, 2024

Mortgage Estimate

$11,447

/month
Principal & Interest
$10,088
Property Taxes
$1,359
20% · $399,000
6.5%

Location

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105 IL-71 , Newark, IL 60541

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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