1907 W Veterans Pkwy
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1907 W Veterans Pkwy
1,900 SF Retail Building Yorkville, IL 60560 $675,000 ($355.26/SF)
INVESTMENT HIGHLIGHTS
- High traffic counts on SR 34W
- Newly improved major intersection SR 34 & Eldamain Road
- Leased for income during construction approval processes
- B-3 zoning; includes drive-thru and perfect for total commercial redesign & renovation
- Utilities on site
EXECUTIVE SUMMARY
Almost three acres of property with a B-3 zoning. Sits 1 parcel off the currently expanded and improved intersection of Route 34 & Eldamain Road in Yorkville. Menards distribution center less than 1 mile N on Eldamain Road with the Fox Valley YMCA on the NW corner from the subject property. This property is perfect for complete commercial renovation/expansion. Traffic counts are 16,800 (Rt 34) and 6,100 (Eldamain N). Currently a leased ranch style house that can be used as living quarters and/or business offices. Lease is short term with terms for vacating by new owner if required.
TAXES & OPERATING EXPENSES (ACTUAL - 2017) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$13,052
|
$6.87
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,052
|
$6.87
|
TAXES & OPERATING EXPENSES (ACTUAL - 2017)
| Taxes | |
|---|---|
| Annual | $13,052 |
| Annual Per SF | $6.87 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $13,052 |
| Annual Per SF | $6.87 |
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,900 SF
Building Class
C
Year Built
1992
Price
$675,000
Price Per SF
$355.26
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
2.91 AC
Zoning
B-3 - Community Shopping District
Parking
12 Spaces (6.5 Spaces per 1,000 SF Leased)
Frontage
409’ on Route 34/W Veterans Pkwy
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-19-300-017 | Total Assessment | $92,681 (2023) |
| Land Assessment | $43,147 (2023) | Annual Taxes | $13,052 ($6.87/SF) |
| Improvements Assessment | $49,534 (2023) | Tax Year | 2017 |
PROPERTY TAXES
Parcel Number
02-19-300-017
Land Assessment
$43,147 (2023)
Improvements Assessment
$49,534 (2023)
Total Assessment
$92,681 (2023)
Annual Taxes
$13,052 ($6.87/SF)
Tax Year
2017
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Presented by
HRM Commercial LLC
1907 W Veterans Pkwy
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