bedrooms
0
bathrooms
0
square feet
8,000
Acreage
0.43
Open Houses
-
year built
1983
Full Baths
0
Half Baths
0
Presenting a prime investment opportunity! Strategically located at the high-traffic intersection of Joliet Rd and Brainard Ave, this property ensures maximum visibility and accessibility for tenants and visitors alike. This recently remodeled 8,000 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
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Last update: Thursday, April 10 2025 at 12:15 a.m. EDT
Kotohomes National
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