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7700-7738 S Grant St

2,858 SF Flex Condo Unit Offered at $490,000 in Burr Ridge, IL 60527

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Investment Highlights

Crown moldings, upgraded fixtures, ceiling fans, skylights in warehouse

Property Facts Under Contract

Price	$490,000	Building Class	B
Unit Size	2,858 SF	Floors	2
No. Units	1	Typical Floor Size	14,000 SF
Total Building Size	28,000 SF	Year Built	2004
Property Type	Flex (Condo)	Lot Size	2.48 AC
Property Subtype	Light Manufacturing	Parking Ratio	3.57/1,000 SF
Sale Type	Investment or Owner User

Price	$490,000
Unit Size	2,858 SF
No. Units	1
Total Building Size	28,000 SF
Property Type	Flex (Condo)
Property Subtype	Light Manufacturing
Sale Type	Investment or Owner User
Building Class	B
Floors	2
Typical Floor Size	14,000 SF
Year Built	2004
Lot Size	2.48 AC
Parking Ratio	3.57/1,000 SF

1 Unit Available

Unit 7704

Unit Size	2,858 SF	Sale Status	Under Contract
Price	$490,000	Cap Rate	12.25%
Price Per SF	$171.45	NOI	$60,025
Condo Use	Flex	No. Parking Spaces	4
Sale Type	Investment or Owner User

Unit Size	2,858 SF
Price	$490,000
Price Per SF	$171.45
Condo Use	Flex
Sale Type	Investment or Owner User
Sale Status	Under Contract
Cap Rate	12.25%
NOI	$60,025
No. Parking Spaces	4

Description

Office/ Warehouse Condo with 900 sq ft. of 3 offices, a kitchen and 2 baths. 1,058 sq ft. of 20 foot ceiling warehouse, and 900 sq ft. of 10 ft high ceiling loft space with access via stairs or lift. Large garage door, shared loading dock.
Association Fees $4,482 Annually
Taxes 2023 $5,461

Sale Notes

This low-maintenance unit has lots of upgrades from Epoxy warehouse floors, ceiling fans and central vac. It is a well-run condo association with large reserves set aside for emergencies.