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402 W Boughton Rd
Bolingbrook, IL 60440
Office Property For Sale
EXECUTIVE SUMMARY
This is an amazing investment opportunity in Bolingbrook. Located on the highly desired Boughton Rd corridor with a traffic count that exceeds 30,000 cars per day. This property comprises of two well maintained brick and cedar buildings consisting of 12,400 rentable sq footage (14560 total building sq footage) and 12 units with an additional .88 Acre Lot. These buildings are ranch style buildings, and each unit consists of separate entrances, utilities, gas forced Heating, central air. And private restrooms. Building 2 (404 W Boughton Rd) has an unfinished basement area-perfect for storage. These buildings are set on a 1.8 Acre lot with an expansive parking lot providing plenty of parking. Perfect for an owner user, office complex, business headquarters or business center. Great expansion possibilities as well. Roofs are approximately 13 years old, Parking lot resurfaced in 2018.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,065 SF
Building Class
B
Year Built
1974
Price
$1,999,900
Price Per SF
$165.76
Cap Rate
4.97%
NOI
$99,419
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,065 SF
Building FAR
0.08
Lot Size
3.58 AC
Zoning
B-2 - Retail storefronts, apartments allowed on the ground floor
Parking
51 Spaces (4.11 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 12-02-10-100-046 | Improvements Assessment | $236,880 |
| Land Assessment | $113,895 | Total Assessment | $350,775 |
PROPERTY TAXES
Parcel Number
12-02-10-100-046
Land Assessment
$113,895
Improvements Assessment
$236,880
Total Assessment
$350,775
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