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Brittany Court 307 S Milwaukee Ave

15,594 SF 100% Leased Office Building Wheeling, IL 60090 $625,000 ($40/SF)

Executive Summary

The offering represents a unique opportunity to acquire a single story, 15,594 SF office complex for well under replacement value. This property is ideal for an investor. There are 17 existing tenants with relatively average term leases. The space is 80 percent leased. These offices range from 580 sf to 1100 sf. Most of them are smaller offices which are easy to lease and are in high demand.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
15,594 SF
Building Class
B
Year Built
1975
Price
$625,000
Price Per SF
$40
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,594 SF
Building FAR
0.30
Lot Size
1.21 AC
Zoning
B-3, Wheeling
Parking
150 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 575 SF
  • Office
  • -
  • 30 Days
  • 1st Fl-Ste 103
  • 575 SF
  • Office
  • -
  • 30 Days
  • 1st Fl-Ste 112
  • 565 SF
  • Office
  • -
  • 30 Days
  • 1st Fl-Ste 115
  • 950 SF
  • Office
  • -
  • 30 Days
Space Size Space Use Condition Available
1st Floor 575 SF Office - 30 Days
1st Fl-Ste 103 575 SF Office - 30 Days
1st Fl-Ste 112 565 SF Office - 30 Days
1st Fl-Ste 115 950 SF Office - 30 Days

1st Floor

Size
575 SF
Space Use
Office
Condition
-
Available
30 Days

1st Fl-Ste 103

Size
575 SF
Space Use
Office
Condition
-
Available
30 Days

1st Fl-Ste 112

Size
565 SF
Space Use
Office
Condition
-
Available
30 Days

1st Fl-Ste 115

Size
950 SF
Space Use
Office
Condition
-
Available
30 Days

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-12-105-021-0000
Land Assessment
$204,467
Improvements Assessment
$132,533
Total Assessment
$337,000
  • Listing ID: 4903192

  • Date on Market: 11/14/2016

  • Last Updated:

  • Address: 307 S Milwaukee Ave, Wheeling, IL 60090

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