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400 W Belden Ave

12,190 SF Vacant Industrial Building Addison, IL 60101 For Sale

Executive Summary

** OWNER / USER OPPORTUNITY **
Located in Addison, IL, this incredible 12,190 SF building offers a fantastic investment opportunity. Equipped with 4 separate units, 400 Belden Ave allows an investor to expand their portfolio for returns.
Owner - Occupier scenario availability as well.
2,000 SF available October - 2024
Location Description
In the bustling industrial heart of Addison, IL, the exceptional 12,190 SF building at 400 Belden Ave represents an investment opportunity. A rare multi-tenant industrial property, where four units. Each contributes to a robust, steady income stream. Subject to DuPage County Taxes and possessing excellent highway accessibility to I-355, I-290, Rte. 53 and Rte. 83, 400 Belden Ave., offers a fantastic opportunity. Additionally, this property has had recent interior office upgrades made and offers ample parking to tenants.
In a market where vacancies can be a concern, this property shines with a coveted 100% occupancy rate, underscoring its desirability and strategic location. The tenants are firmly rooted, drawn by the village's vibrant industrial ecosystem and the building's versatile, well-maintained spaces.
This is more than just real estate; it's a gateway to expanding your portfolio with confidence. Each unit at 400 Belden Ave stands ready to deliver reliable returns, making this property a cornerstone investment in Addison's thriving industrial landscape.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.54 AC
Rentable Building Area 12,190 SF
No. Stories 1
Year Built 1960
Parking Ratio 0.98/1,000 SF
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 4

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,000 SF
  • Industrial
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 2,000 SF Industrial - Now

1st Floor

Size
2,000 SF
Space Use
Industrial
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-32-402-017
Land Assessment
$71,390 (2023)
Improvements Assessment
$188,580 (2023)
Total Assessment
$259,970 (2023)

zoning

Zoning Code I
I
  • Listing ID: 32973664

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 400 W Belden Ave, Addison, IL 60101

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