🚨 Price Reduction! 🚨

For Sale: Industrial Property | 1150 McConnell Rd, Woodstock, IL 60098
💰New Price: $4,450,000 (was $4,750,000)

📏 Building Size: 73,245 SF
🏞 Lot Size: 5.2 Acres
⚡️ Zoning: M1
🔌 Heavy Power: 2400Amp/480V/3-Phase

eXp Commercial is excited to present this versatile industrial manufacturing and distribution facility. This property offers rail access, newly renovated offices, and exceptional power capabilities for high-demand industries. Whether you need space for manufacturing, storage, or repair, this property has it all.

Located just 50 miles from downtown Chicago with easy access via US-14 & Route 47, this is a prime opportunity for owner-users or investors.

✨ Features include:
* 5 Dock-High Doors
* 1 Grade-Level Door
* 14-foot Clear Heights
* Fully Renovated Offices (10,000 SF)
* Heavy Floor Load (9” Concrete)
* Rail Spur Access

Don't miss out on this incredible deal! Contact us for more details or visit the link below:
🔗 https://www.creconsult.net/industrial-property-for-sale-73245-sf-in-woodstock-il/

#IndustrialRealEstate #ForSale #PriceReduction #eXpCommercial #WoodstockIL #InvestmentOpportunity #ManufacturingFacility #RailAccess #CRE

Hobard Auction

🚨 Auction Alert 🚨
** Bidding Closes TODAY 12:20 PM CST**

I’m excited to announce that a prime 17.25-acre residential development property at 150 Harbor Club Dr, Hobart, IN, is going to auction! 🏘️ This is a rare opportunity to acquire land within The Brickyard of Hidden Lake Subdivision, featuring 48 platted lots, including coveted lakefront property. 🌊

Key Highlights:
* Mixed Neighborhood Residential Zoning: Perfect for low- to medium-density housing.
* Prime Location: Just 39 miles southeast of Chicago.
* Thriving Market: Hobart is experiencing strong demand and growth, with a median home price of $237,300.

📅 Auction Bidding Starts: September 23 at 11:00 AM.

Don’t miss out on this incredible development opportunity! Click the link to learn more and register to bid.
https://www.crexi.com/properties/1646245/indiana-the-brickyard-of-hidden-lake

Contact Information:
Randolph Taylor, CCIM
Commercial Real Estate Broker
eXp Commercial-Chicago
📞 630-474-6441
📧 rtaylor@creconsult.net

#realestate #auction #developmentopportunity #HobartIN #investment #commercialrealestate #eXpCommercial

Hobard Auction

🚨 Auction Alert 🚨
** Bidding Closes TODAY 12:20 PM CST**

I’m excited to announce that a prime 17.25-acre residential development property at 150 Harbor Club Dr, Hobart, IN, is going to auction! 🏘️ This is a rare opportunity to acquire land within The Brickyard of Hidden Lake Subdivision, featuring 48 platted lots, including coveted lakefront property. 🌊

Key Highlights:
* Mixed Neighborhood Residential Zoning: Perfect for low- to medium-density housing.
* Prime Location: Just 39 miles southeast of Chicago.
* Thriving Market: Hobart is experiencing strong demand and growth, with a median home price of $237,300.

📅 Auction Bidding Starts: September 23 at 11:00 AM.

Don’t miss out on this incredible development opportunity! Click the link to learn more and register to bid.
https://www.crexi.com/properties/1646245/indiana-the-brickyard-of-hidden-lake

Contact Information:
Randolph Taylor, CCIM
Commercial Real Estate Broker
eXp Commercial-Chicago
📞 630-474-6441
📧 rtaylor@creconsult.net

#realestate #auction #developmentopportunity #HobartIN #investment #commercialrealestate #eXpCommercial

Hobard Auction

🚨 Auction Alert 🚨

I’m excited to announce that a prime 17.25-acre residential development property at 150 Harbor Club Dr, Hobart, IN, is going to auction! 🏘️ This is a rare opportunity to acquire land within The Brickyard of Hidden Lake Subdivision, featuring 48 platted lots, including coveted lakefront property. 🌊

Key Highlights:
* Mixed Neighborhood Residential Zoning: Perfect for low- to medium-density housing.
* Prime Location: Just 39 miles southeast of Chicago.
* Thriving Market: Hobart is experiencing strong demand and growth, with a median home price of $237,300.

📅 Auction Bidding Starts: September 23 at 11:00 AM.

Don’t miss out on this incredible development opportunity! Click the link to learn more and register to bid.
https://www.crexi.com/properties/1646245/indiana-the-brickyard-of-hidden-lake

Contact Information:
Randolph Taylor, CCIM
Commercial Real Estate Broker
eXp Commercial-Chicago
📞 630-474-6441
📧 rtaylor@creconsult.net

#realestate #auction #developmentopportunity #HobartIN #investment #commercialrealestate #eXpCommercial

Hobard Auction

🚨 Auction Alert 🚨

I’m excited to announce that a prime 17.25-acre residential development property at 150 Harbor Club Dr, Hobart, IN, is going to auction! 🏘️ This is a rare opportunity to acquire land within The Brickyard of Hidden Lake Subdivision, featuring 48 platted lots, including coveted lakefront property. 🌊

Key Highlights:
* Mixed Neighborhood Residential Zoning: Perfect for low- to medium-density housing.
* Prime Location: Just 39 miles southeast of Chicago.
* Thriving Market: Hobart is experiencing strong demand and growth, with a median home price of $237,300.

📅 Auction Bidding Starts: September 23 at 11:00 AM.

Don’t miss out on this incredible development opportunity! Click the link to learn more and register to bid.
https://www.crexi.com/properties/1646245/indiana-the-brickyard-of-hidden-lake

Contact Information:
Randolph Taylor, CCIM
Commercial Real Estate Broker
eXp Commercial-Chicago
📞 630-474-6441
📧 rtaylor@creconsult.net

#realestate #auction #developmentopportunity #HobartIN #investment #commercialrealestate #eXpCommercial

Multifamily Mortgage Rates – September 2024 Update

Staying on top of multifamily mortgage rates is critical for real estate investors seeking to optimize their investments. As of September 2024, notable adjustments in rates present both challenges and opportunities in the multifamily market. Understanding these changes can help property owners make informed decisions, whether they are looking to refinance, acquire new properties, or reassess their current financial strategies.

Key Rate Changes for September 2024

• Bank Rates for 5-year terms have decreased by 12 basis points, now at 6.80%. This presents an opportunity for investors to secure favorable terms for refinancing or new acquisitions.
• Agency Rates have fallen by 7 basis points, now at 5.12%. These rates are typically advantageous for larger properties, providing stability and competitive terms for long-term investments.
• Agency SBL Rates (Small Balance Loans) have increased by 20 basis points, now at 5.89%. These loans target smaller properties and offer an efficient solution for investors dealing with properties under specific loan amounts.
• CMBS Rates dropped by 40 basis points, now at 6.62%. This decrease makes CMBS loans attractive for larger, more complex multifamily deals that require flexible repayment structures.

These shifts in multifamily mortgage rates are important to monitor, as they influence the cost of borrowing and ultimately the profitability of real estate investments.

Understanding Your Loan Options

• Agency loans offer stability with long-term, fixed rates. These are ideal for institutional investors or those looking to hold onto larger properties for extended periods.
• Agency SBL loans target smaller multifamily properties, typically offering competitive rates for properties under certain loan balances. They are designed for more modest-sized assets, but with the same benefits of Agency loans.
• CMBS loans (Commercial Mortgage-Backed Securities) are an excellent choice for investors looking for more flexibility in repayment terms, especially when dealing with larger, more complex deals. These loans are structured through securities and can offer unique advantages for certain financial strategies.

How This Affects Investors

The current changes in multifamily mortgage rates provide an excellent opportunity for investors to review their financing strategies. Whether you’re considering refinancing an existing loan or purchasing a new multifamily property, now might be the time to lock in favorable terms. Given the recent adjustments, working with a knowledgeable capital partner can ensure you make the most of these market conditions.

Next Steps: Schedule a Call

At eXp Commercial, we are committed to helping our clients navigate these market shifts with expert advice and tailored solutions. In partnership with CommLoan, we provide a wide range of financing options suited for multifamily investments. Whether you’re looking to refinance, expand your portfolio, or simply assess your options, we’re here to assist you every step of the way.

Contact us today or schedule a call to discuss your financing needs. Let us help you secure the best terms and maximize the profitability of your multifamily investments.

https://www.creconsult.net/market-trends/multifamily-mortgage-rates-september-2024/

Hobard Auction

🚨 Auction Alert 🚨

I’m excited to announce that a prime 17.25-acre residential development property at 150 Harbor Club Dr, Hobart, IN, is going to auction! 🏘️ This is a rare opportunity to acquire land within The Brickyard of Hidden Lake Subdivision, featuring 48 platted lots, including coveted lakefront property. 🌊

Key Highlights:
* Mixed Neighborhood Residential Zoning: Perfect for low- to medium-density housing.
* Prime Location: Just 39 miles southeast of Chicago.
* Thriving Market: Hobart is experiencing strong demand and growth, with a median home price of $237,300.

📅 Auction Bidding Starts: September 23 at 11:00 AM.

Don’t miss out on this incredible development opportunity! Click the link to learn more and register to bid.
https://www.crexi.com/properties/1646245/indiana-the-brickyard-of-hidden-lake

Contact Information:
Randolph Taylor, CCIM
Commercial Real Estate Broker
eXp Commercial-Chicago
📞 630-474-6441
📧 rtaylor@creconsult.net

#realestate #auction #developmentopportunity #HobartIN #investment #commercialrealestate #eXpCommercial