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Listing provided courtesy of Royal Homes, LLCMREDas Distributed by MLSGrid- MLS# 12690162MLS Provider

31632 N Ellis Drive #111Volo, IL 60073

Commercial · 1,776 Sq. ft.
$220,000 New

31632 N Ellis Drive #111 Overview

Time on Site:
22 hours
Visits:
0

Move-in ready and meticulously maintained, this versatile office and light industrial property is perfectly primed for your growing business. Ideal for small business owners, contractors, or tradespeople, the space offers functional office areas alongside a flexible warehouse layout. Need more storage or workshop area? Non-load-bearing walls can easily be removed to expand your footprint and maximize access to the 10' drive-in garage door. Skip the construction delays and start operating immediately in a space that adapts to your needs.

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31632 N Ellis Drive #111 Facts & Features

  • Type Commercial
  • Sq. ft. 1,776
  • Price/Sq.ft. $124

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Gross Income: 21600
  • Gross Scheduled Income: 19440
  • Net Operating Income: 11707
  • Operating Expense: 7733

Building Information

  • Year Built: 1999

Business Information

  • Current Use: Office

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Volo
  • Township: Wauconda

Rent/Lease Information

  • Tenant Pays: Electricity, Heat, Repairs, Sewer, Varies by Tenant, All Utilities

Tax Information

  • Tax Annual Amount: $5,151.00
  • Tax Year: 2025

General Information

  • Parcel Number: 09021010110000
  • Possible Use: Industrial,Office
  • Property Type: Commercial Sale
  • Zoning: INDUS

Interior

Building Interior

  • Building Area Total: 1776

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 1776
  • Stories: 1

Unit Information

  • Unit SqFt.: 1776
  • Unit Number: 111

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0
  • Lot Size Dimensions: 24 X 74
  • Lot Size Square Feet: 0

General Information

  • Number Of Units Total: 1

31632 N Ellis Drive #111 Neighborhood

Community

60073 (VOLO) Demographics

34
Median Age
2,890
Population Density (per sq. mile)
34%
College Educated
$81,149
Estimated Median Income
15,090
Estimated Total Home Owners
4,420
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

31632 N Ellis Drive #111 Monthly Cost

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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

31632 N Ellis Drive #111 Market Data

Based on the last 30 days in this zip code

$324,344
Average List Price
$179
Average Price per Square Foot
54
Properties Sold
35
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

31632 N Ellis Drive #111 History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026
7/2/2024Source: MRED Status Change
Rented
5/1/2024Source: MRED Status Change
Active
4/26/2024Source: MRED Added to Database
April 26, 2024