This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

830 W Lake St

3,129 SF 100% Leased Retail Building Addison, IL 60101 $725,000 ($232/SF)

Investment Highlights

  • Development Potential
  • High Traffic Counts
  • Strategic Retail Location
  • Exceptional Demographics

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase 830 W Lake Street in Addison, Illinois (the “Property”). The Property is improved by three buildings with a combined 3,129 square feet on a 0.66-acre parcel (28,750 square feet). The Property is currently occupied on a month-to-month basis as Highway Sales & Services, Inc and can be delivered vacant or with the tenant in place. 830 W Lake Street is zoned B-3 Service Business District, one of the most versatile zoning designations in Addison. The Property is well-located along W Lake Street (US Route 20), one of the area’s primary commercial corridors and enjoys outstanding visibility and frontage. The Property is 1.5-miles from IL Route 53 and Interstate 355, and 2-miles from Interstate 290. The location is surrounded by densely developed residential neighborhoods that provide a strong consumer and employee base, as well as national retailers that drive traffic to the area. 830 W Lake Street offers the opportunity for an owner-user to occupy the Property, to lease the Property as an investment opportunity, or to redevelop the Property.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
3,129 SF
Building Class
C
Year Built
1980
Price
$725,000
Price Per SF
$232
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Land Acres
0.67 AC
Zoning
C
Parking
4 Spaces (1.28 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Giordano's
U.S. Bank
Planet Fitness
Ihop Restaurant
Starbucks
Xsport Fitness
LA Fitness
BMO
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-20-116-042
Land Assessment
$85,660
Improvements Assessment
$39,840
Total Assessment
$125,500
  • Listing ID: 33769667

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 830 W Lake St, Addison, IL 60101

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}