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2800 Hitchcock Ave 13,705 SF 100% Leased Industrial Building Downers Grove, IL 60515 $1,939,000 ($141.48/SF) 7.43% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Ellsworth Business Park, Downers Grove IL

EXECUTIVE SUMMARY

PRICE REDUCED. Desirable user office warehouse building located in Ellsworth Business Park in Downers Grove at the I-355 and Maple Avenue interchange. NWC of Walnut Ave. & Hitchcock Ave. Property is 100% NET leased to one tenant. Lease expires 3/31/26 and the building can be easily converted to three separate units with private entrances. Three overhead doors, one exterior dock, one interior overhead door, large kitchen/lunchroom, four washrooms plus shower room and fully sprinklered with high end office finishes. Do not disturb tenant.

ATTACHMENTS

2800 HitchockRev

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $23,045 $1.68
Operating Expenses - -
Total Expenses $23,045 $1.68

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $23,045
Annual Per SF $1.68
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $23,045
Annual Per SF $1.68

PROPERTY FACTS

Price $1,939,000
Price Per SF $141.48
Sale Type Investment
Cap Rate 7.43%
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 0.94 AC
Rentable Building Area 13,705 SF
No. Stories 1
Year Built 1990
Parking Ratio 2.19/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 3
Zoning ORM

AMENITIES

  • Signage

UTILITIES

  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-11-210-011
Land Assessment
$119,913
Improvements Assessment
$251,781
Total Assessment
$371,694
Annual Taxes
$23,045 ($1.68/SF)
Tax Year
2024
  • Listing ID: 35156888

  • Date on Market: 3/16/2025

  • Last Updated:

  • Address: 2800 Hitchcock Ave, Downers Grove, IL 60515

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