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1S376 Summit Ave - 1S376 Summit Avenue
2,746 SF Office Condo Unit Offered at $415,000 in Oakbrook Terrace, IL 60181
Executive Summary
The site consists of an interior land parcel containing approximately 2.35 acres, 165’ x 620’ in dimension, zoned B-2 Professional Office under Oakbrook Terrace jurisdiction. The existing contemporary styled, brick and steel constructed, 39,525 square foot structure with partial basement was built in two phases, 1979 and 1981 respectively. Building configuration consists of six (6) modules of approximately 6,000 square feet each with skylighted common vestibule court between modules providing entry/exit access. Asphalt surfaced parking for 151 cars borders the east, north and west property lines with vehicular access provided by Summit Avenue curb-cut.
Property Facts Under Contract
| Price | $415,000 | Building Class | C |
| Unit Size | 2,746 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 39,525 SF |
| Total Building Size | 39,525 SF | Year Built | 1981 |
| Property Type | Office (Condo) | Lot Size | 2.35 AC |
| Property Subtype | Medical | Parking Ratio | 3.82/1,000 SF |
| Sale Type | Investment |
| Price | $415,000 |
| Unit Size | 2,746 SF |
| No. Units | 1 |
| Total Building Size | 39,525 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 39,525 SF |
| Year Built | 1981 |
| Lot Size | 2.35 AC |
| Parking Ratio | 3.82/1,000 SF |
1 Unit Available
Unit 6 A-B
| Unit Size | 2,746 SF | Condo Use | Office |
| Price | $415,000 | Sale Type | Investment |
| Price Per SF | $151.13 | Sale Status | Under Contract |
| Unit Size | 2,746 SF |
| Price | $415,000 |
| Price Per SF | $151.13 |
| Condo Use | Office |
| Sale Type | Investment |
| Sale Status | Under Contract |
Description
Units 6-A & B : Can be divided into two [2] 1,382 “Gross” S/F units
Sale Notes
Roof replaced in 2001, new directory sign 2015, parking lot re-paved 2020, new landscape sprinkler system, decorative metal HVAC roof surrounds and new court skylights 2021. New landscaping Spring 2022, AT&T Fiber Optics internet access.
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
zoning
| Zoning Code | B-2 (Professional Office under Oakbrook Terrace Jurisdiction.) |
| B-2 (Professional Office under Oakbrook Terrace Jurisdiction.) |
Presented by
Wesland Partners, Inc.
1S376 Summit Ave - 1S376 Summit Avenue
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