Active Under Contract
bedrooms
0
bathrooms
0
square feet
8,000
Acreage
0.43
Open Houses
-
year built
1983
Full Baths
0
Half Baths
0
Introducing a prime investment opportunity! This recently remodeled 8000 square foot office building boasts a total lot size of 18,825 square feet, making it an exceptional commercial property. Featuring 6,350 square feet of net leasable space, this two-story office building is currently fully leased, with lease renewals in place. First floor commands $5,000 per month, and second floor commands $6,000 per month resulting in a total income of $11,000 per month. Ample parking with 18 spots, ensuring convenience for tenants and visitors. The second floor is accessible by stairs and an elevator, with accommodations for handicap access. Cap rate at 10.69%! The property's proximity to major highways and expansive shopping malls enhances its appeal to tenants. Conveniently located just minutes away from the historical La Grange and the Metra train station, this property offers easy access to transportation and amenities. With numerous recent updates, this property presents an attractive turnkey opportunity for new owners. The strategic location, strong rental income, and minimal need for additional investment make this a compelling addition to any investment portfolio. Don't miss out on the chance to acquire this income-generating property in a sought-after location. Schedule a showing today and seize this lucrative investment opportunity. Listed at or above appraisal value!
Location | |
Subdivision | - |
County | Cook |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, January 14 2025 at 11:38 p.m. EST
Kotohomes National
Other listings you might be interested in
$995,000
0 Bed •
0 Bath •
6,672 ft²
1719 E JACKSON Street
Macomb, IL 61455
$1,250,000
0 Bed •
0 Bath •
7,500 ft²
7 W Issert Drive
Kankakee, IL 60901
$1,400,000
0 Bed •
0 Bath •
7,500 ft²
1340 Enterprise Drive
Romeoville, IL 60446
$999,000
0 Bed •
0 Bath •
12,856 ft²
2901 Western Avenue
Park Forest, IL 60466
$850,000
0 Bed •
0 Bath •
16,000 ft²
1300 WASHINGTON Street
Washington, IL 61571
$899,000
0 Bed •
0 Bath •
25,704 ft²
1402 8TH Street
Pekin, IL 61554
$950,000
0 Bed •
0 Bath •
32,540 ft²
1034 NE ADAMS Street
Peoria, IL 61603
$1,100,000
0 Bed •
0 Bath •
17,952 ft²
33289 1500 North Avenue
Spring Valley, IL 61362
$2,990,000
0 Bed •
0 Bath •
22,620 ft²
406 ELM Street
Peoria, IL 61602
$4,500,000
0 Bed •
0 Bath •
57,048 ft²
3900 N Marybelle Avenue
Peoria, IL 61615
$5,000,000
0 Bed •
0 Bath •
36,500 ft²
1225 E Washington Street
Joliet, IL 60433
$5,000,000
0 Bed •
0 Bath •
36,500 ft²
1225 E Washington Street
Joliet, IL 60433