Active
105 IL-71, Newark, IL
  • $1,995,000

Description

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 this asap!

  • Listing Courtesy of: eXp Realty

Details

Updated on June 18, 2026 at 11:30 am
  • Property ID MRD12048739
  • Price $1,995,000
  • Year Built 2007
  • Property Type Bad
  • Property Status Active
  • Parcel Number 0706402005
  • MLS Status Active
  • Co List Agent MLS ID MRD895103
  • Days On Market 773
  • Cumulative Days On Market 748
  • Tax Annual Amount 16308
  • Cooling Central Air
  • Directions East bound Newark road. Left onto rte 71. Right into parking lot
  • Association Fee Frequency Not Applicable
  • BuildingAreaTotal 9520
  • LotSizeSquareFeet 78137
  • StoriesTotal 2
  • Zoning COMMR

Address

Open on Google Maps
  • Address 105 IL-71
  • City Newark
  • State/county IL
  • Zip/Postal Code 60541
  • Country United States

Overview

Property ID: MRD12048739
  • Bad
  • Property Type
  • 2007
  • Year Built

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