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301 W Railroad Ave 6,140 SF 100% Leased Retail Building Bartlett, IL 60103 $675,000 ($109.93/SF)
Investment Highlights
- Income producing investment property
- Located in the heart of downtown Bartlett, IL
- Owner / User opportunity
- Fire sprinkled building
Executive Summary
The 301 W Railroad Ave property is a versatile 6,140 SF, multi-tenant office building, featuring a generous 14-foot clear height. This well-maintained building is designed to accommodate a variety of tenants, making it an attractive investment opportunity. Its flexible layout allows for multiple office configurations, catering to different business needs. The building’s location in the heart of Bartlett ensures convenient access for clients and employees, while the surrounding area supports a robust commercial environment. With its strong potential for rental income and strategic positioning, this property is an excellent addition to any real estate portfolio.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,140 SF
Building Class
B
Year Built
1985
Price
$675,000
Price Per SF
$109.93
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.44 AC
Zoning
B-1 - General retail/office uses. school, medical, art, store
Parking
23 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-34-407-021-0000 | Improvements Assessment | $74,630 |
| Land Assessment | $19,336 | Total Assessment | $93,966 |
Property Taxes
Parcel Number
06-34-407-021-0000
Land Assessment
$19,336
Improvements Assessment
$74,630
Total Assessment
$93,966
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301 W Railroad Ave
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