505 E North Ave | Carol Stream, IL 60188
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- LoopNet Team
505 E North Ave
Carol Stream, IL 60188
Multi-Tenant or Owner/User Flex Building · Flex Property For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to purchase a 70,000 SF o?ce/flex building
- Excellent for an Owner/User who could use from 30,000 - 50,000 SF vacancy and obtain a positive cash flowing property
- Owner is offering a 3-year Master Lease for the two tenants and a 10,000 SF vacancy for a total of 30,000 SF at a rental rate of $13.00 PSF NNN
- Property is currently 29% occupied with two credit tenants 40,000 SF vacant on the first floor and 10,000 SF on second floor
- An Owner/User could also occupy the entire building
- Property is located very near the full interchange for I-355 tollway, 3 miles from Wheaton train station and 20 miles from O’Hare Intl Airport
PROPERTY FACTS
| Property Type | Flex | Year Built/Renovated | 1971/2016 |
| Building Class | B | Parking Ratio | 6/1,000 SF |
| Lot Size | 4.40 AC | Clear Ceiling Height | 18’ |
| Rentable Building Area | 60,000 SF | No. Dock-High Doors/Loading | 2 |
| No. Stories | 3 | ||
| Zoning | B-2 - General Commercial | ||
| Property Type | Flex |
| Building Class | B |
| Lot Size | 4.40 AC |
| Rentable Building Area | 60,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1971/2016 |
| Parking Ratio | 6/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| Zoning | B-2 - General Commercial |
AMENITIES
- Storage Space
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 02-33-302-010 | Improvements Assessment | $452,530 |
| Land Assessment | $747,035 | Total Assessment | $1,199,565 |
PROPERTY TAXES
Parcel Number
02-33-302-010
Land Assessment
$747,035
Improvements Assessment
$452,530
Total Assessment
$1,199,565
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