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Listing 6 out of 13
$1,995,000 For Sale

501 East Munz Road
Crete, IL 60417


20,000 sq ft

Commercial: Bus / Bus w/Real Est - MLS# 10125778
Property Photo
1/39

Description

Welcome to Sawgrass Farms. This remarkable turnkey 70 acre horse training and rehabilitation facility has been the training facility to some of the top Harness Racing horses! This amazing working property has a beautiful 1.2 mile training track, an impressive 75,000 gallon horse rehabilitation pool, 156 stables, and currently boards 80 horses! Great income opportunities with horse boarding, and on site rental properties. Main building has 2 apartments 1 bedroom 1 bath each, and 5 offices; there is a 6 bedroom, 2 bath house on site and 2 trailer homes! Take this great piece of property and make it your own! Business, recreational, or personal use, this Equestrian property provides great opportunities with great income! Operating CAP Rate 8

Features

  • Property Type: Commercial
  • Sub Type: Bus / Bus w/Real Est
  • Listing Status: Active
  • County/Area: Will County
  • Zip Code: 60417
  • Sq.Ft.: 20,000 sq ft
  • # of Parking Spaces: 10
  • Lot Size: 25.0-99.99 Acres
  • # Of Stories: 2
  • Adjusted Net Income: $161,000
  • Air Conditioning: Central Air
  • Ann Rnt Expense Source: $
  • Approx Land Sq Footage: 18000
  • Cost of Goods Expense Source: $
  • Cost of Goods Year: 2017
  • Gross Profit: 348000
  • Gross Sales Ann Year: 2017
  • Heat/Ventilation: Ceiling Units, Forced Air
  • Inventory Expense Source: $
  • Lot Dimensions: 1321X2637X1000X1320X330X13
  • Lot Sq Ft: 3054427
  • Net Operating Income Year: $2,017
  • Property Offered: For Sale Only
  • Real Estate Included? (Y/N): Yes
  • Sale Price Includes: Land, Building, Business, Equipment, Customer List
  • Tax Year: 2017
  • Taxes: $75,799
  • Tenant Pays: Air Conditioning, Electric, Heat, Real Property Taxes, Insurance, Repairs And Maintenance
  • Total Operating Expenses: $219,000
  • Type Ownership (Business): Corporation, Trust
Courtesy of Steven Charles Real Estate

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Village Commercial Realty
Phone: 708-478-1212
Email: Mike@vrsrealty.com

 

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