117 W Main St | St Charles, IL 60174
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- LoopNet Team
117 W Main St
St Charles, IL 60174
Trophy High Street Retail | 8% CAP · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stabilized, well-located retail building in a high barrier to entry market | 12.44% Cash on Cash Return at List Price
- All tenants operate on NNN leases, reimbursing for taxes, CAM, insurance and management fees
- Beautifully maintained property | Building was fully renovated in 2012 with a new roof and new mechanical systems
- Exceptional downtown St. Charles retail location | Located on the best corner in the historic district | Signalized intersection with 44,000 VPD
- Excellent demographics | Average household incomes exceed $144,000 annually
- Adjacent to a City of St. Charles maintained surface parking lot
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,067 SF
Building Class
B
Year Built
1900
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.32
Lot Size
0.14 AC
Zoning
CBD-1 - Central Business
Parking
17 Spaces (1.42 Spaces per 1,000 SF Leased)
Frontage
69’ on W Main St
AMENITIES
- Corner Lot
- Signalized Intersection
- Storage Space
PROPERTY TAXES
| Parcel Number | 09-27-377-002 | Improvements Assessment | $347,881 |
| Land Assessment | $110,602 | Total Assessment | $458,483 |
PROPERTY TAXES
Parcel Number
09-27-377-002
Land Assessment
$110,602
Improvements Assessment
$347,881
Total Assessment
$458,483
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