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Executive Summary

7,000 SF Multi-Tenant Office Building With 7 Units Available. Great Investment Potential or Owner/User Property.
CURRENTLY 7% CAP RATE! / 9.75% CAP RATE IF FULLY LEASED OUT!

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,000 SF
Building Class
C
Year Built
1966
Price
$750,000
Price Per SF
$107.14
Cap Rate
7%
NOI
$52,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,500 SF
Slab To Slab
10’
Building FAR
0.27
Lot Size
0.59 AC
Zoning
C
Parking
26 Spaces (3.71 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
03-15-110-018
Land Assessment
$128,001
Improvements Assessment
$186,732
Total Assessment
$314,733
  • Listing ID: 31877781

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 300 E Irving Park Rd, Wood Dale, IL 60191

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