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13 W Quincy St 3,499 SF 100% Leased Retail Building Westmont, IL 60559 $750,000 ($214.35/SF) 3.93% Cap Rate



Investment Highlights
- Mixed-use building featuring ground-floor retail and two residential apartments.
- Recently updated interiors with modern finishes and new retail buildout.
- Surrounded by restaurants, retail, and luxury residential developments.
- Prime downtown Westmont location across from the Metra train station.
- On-site rear parking for six vehicles and strong pedestrian accessibility.
Executive Summary
This recently updated mixed-use property is located in the heart of downtown Westmont’s central business district, directly across from the Metra train station. The two-story building spans 3,499 square feet and features a first-floor retail space with a brand-new buildout, complemented by two residential apartments on the upper level (one currently vacant and updated for lease).
The property sits on a 0.08-acre lot with 32 feet of frontage along W Quincy Street, offering excellent visibility and walkability (Walk Score 80). On-site parking for six vehicles is available at the rear of the building, enhancing convenience for tenants and customers. Positioned near popular restaurants, shopping destinations, and the Quincy Station luxury apartments, this location benefits from strong foot traffic and a vibrant neighborhood atmosphere.
With a current cap rate of 3.93% and a net operating income of $29,443, this asset provides a stable investment opportunity with potential upside through residential leasing. Its proximity to major suburban markets and direct commuter rail access to Chicago make it an attractive option for investors seeking a well-located, income-producing property in a growing community.
The property sits on a 0.08-acre lot with 32 feet of frontage along W Quincy Street, offering excellent visibility and walkability (Walk Score 80). On-site parking for six vehicles is available at the rear of the building, enhancing convenience for tenants and customers. Positioned near popular restaurants, shopping destinations, and the Quincy Station luxury apartments, this location benefits from strong foot traffic and a vibrant neighborhood atmosphere.
With a current cap rate of 3.93% and a net operating income of $29,443, this asset provides a stable investment opportunity with potential upside through residential leasing. Its proximity to major suburban markets and direct commuter rail access to Chicago make it an attractive option for investors seeking a well-located, income-producing property in a growing community.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,499 SF
Building Class
C
Year Built
1965
Price
$750,000
Price Per SF
$214.35
Cap Rate
3.93%
NOI
$29,443
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.08 AC
Zoning
A - B-1
Parking
6 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Metro/Subway
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-09-407-004 | Improvements Assessment | $122,921 |
| Land Assessment | $41,054 | Total Assessment | $163,975 |
Property Taxes
Parcel Number
09-09-407-004
Land Assessment
$41,054
Improvements Assessment
$122,921
Total Assessment
$163,975
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13 W Quincy St
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