231 W Grand Ave 12,400 SF 100% Leased Office Building Bensenville, IL 60106 $1,200,000 ($96.77/SF) 9.42% Cap Rate
INVESTMENT HIGHLIGHTS
- INVESTOR OR OWNER/USER OPPORTUNITY
- 100% OCCUPANCY
- SITE 0.81 ACRES
- PRIME LOCATION WITH ACCESS TO RTE. 83 VIA GRAND AVE
- DUPAGE COUNTY TAXES
EXECUTIVE SUMMARY
100% leased to two tenants. The property presents a unique opportunity for an investor to own a cash flowing asset with frontage on Grand Avenue or a user the possibility to occupy a space if willing to vacate a tenant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,400 SF
Building Class
C
Year Built/Renovated
1980/1994
Price
$1,200,000
Price Per SF
$96.77
Cap Rate
9.42%
NOI
$112,980
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,400 SF
Slab To Slab
10’
Building FAR
0.35
Lot Size
0.81 AC
Zoning
B2, Bensenville
Parking
52 Spaces (4.19 Spaces per 1,000 SF Leased)
AMENITIES
- Property Manager on Site
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 03-26-102-019 | Improvements Assessment | $144,720 |
| Land Assessment | $179,780 | Total Assessment | $324,500 |
