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247 Brook Forest Ave

8,663 SF Retail Building Shorewood, IL 60404 $1,300,000 ($150/SF) 9.23% Cap Rate

Mixed Use Properties Illinois Shorewood 247 Brook Forest Ave, Shorewood, IL 60404

Investment Highlights

  • Excellent signage and ample parking
  • Excellent passive investment opportunity with a long-term and profitable academic program in place
  • Modern turnkey, fully leased office

Executive Summary

A prime commercial property in a busy location with excellent visibility, boasting a modern turnkey, fully leased office. A Net lease investment opportunity, offered at a 9.23% Cap Rate. The Academy is located in a traditional office setting and has visibility on a major thoroughfare through the DuPage County MSA. The property boasts strong demographic and investment criteria, including moderate population density, affluent income levels, high traffic counts, and strong visibility with ample parking. The office is situated within strong trade areas near national tenants, health systems, and highways.

Attachments

Sale Brochure
Floor Plan

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,663 SF
Building Class
B
Year Built
2006
Price
$1,300,000
Price Per SF
$150
Cap Rate
9.23%
NOI
$119,929
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.62 AC
Zoning
B-3 - Commercial
Parking
225 Spaces (25.97 Spaces per 1,000 SF Leased)
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Nearby Major Retailers

Starbucks
Jewel-Osco
Fifth Third Bank
BMO
Chase Bank
Heartland Bank & Trust Company
Noodles & Company
Old National Bank
Orangetheory Fitness
Mariano's

PROPERTY TAXES

Parcel Number 06-09-409-044 Improvements Assessment $268,772
Land Assessment $20,618 Total Assessment $289,390

PROPERTY TAXES

Parcel Number
06-09-409-044
Land Assessment
$20,618
Improvements Assessment
$268,772
Total Assessment
$289,390
(331) 305-4840

Contacts

  • Listing ID: 32894535

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 247 Brook Forest Ave, Shorewood, IL 60404

More public record information on 247 Brook Forest Ave, Shorewood, IL 60404

The Retail Property at 247 Brook Forest Ave, Shorewood, IL 60404 is currently available for sale. Contact Caton Commercial Real Estate Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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247 Brook Forest Ave, Shorewood, IL for sale Building Photo- Image 1 of 5
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247 Brook Forest Ave, Shorewood, IL for sale Building Photo- Image 2 of 5
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247 Brook Forest Ave, Shorewood, IL for sale Building Photo- Image 3 of 5
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247 Brook Forest Ave, Shorewood, IL for sale Site Plan- Image 4 of 5
Site Plan

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247 Brook Forest Ave
(331) 305-4840 x

247 Brook Forest Ave

1/2

Zane McCartney

(331) 305-4840

(331) 305-4840

William Caton

(815) 370-1236

(815) 370-1236

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