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608 E Veterans Pky 10,431 SF 100% Leased Office Building Yorkville, IL 60560 $2,799,000 ($268.33/SF) 6.03% Cap Rate
Investment Highlights
- Ample Parking
- Fully Built Out Spaces
- Recent Roof Replacement
- Heavy Traffic Flow & Highly Visible
- Multiple Entrances`
- New Costco Currently Under Construction Across the Street
Executive Summary
Turnkey Investment Opportunity in Yorkville – Fully Occupied
This 10,431 SF commercial building in Yorkville is fully occupied with six solid tenants, generating an annual net income of approximately $169,000 With a CAP rate of ~6.03%, this property offers stable & predictable returns. The building has been recently renovated, minimizing maintenance costs and enhancing long-term value. Strategically located near the new Costco opening this fall, this property is positioned to benefit from increased traffic and continued area growth. A perfect fit for investors seeking a strong, income-producing asset with upside potential.
This 10,431 SF commercial building in Yorkville is fully occupied with six solid tenants, generating an annual net income of approximately $169,000 With a CAP rate of ~6.03%, this property offers stable & predictable returns. The building has been recently renovated, minimizing maintenance costs and enhancing long-term value. Strategically located near the new Costco opening this fall, this property is positioned to benefit from increased traffic and continued area growth. A perfect fit for investors seeking a strong, income-producing asset with upside potential.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
10,431 SF
Building Class
B
Year Built/Renovated
2002/2023
Price
$2,799,000
Price Per SF
$268.33
Cap Rate
6.03%
NOI
$168,649
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,431 SF
Building FAR
0.21
Lot Size
1.15 AC
Zoning
B2 - Retail, Office Medical
Parking
75 Spaces (7.19 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Real Estate
- -
- -
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Award-winning Baird & Warner Title Services was established to continue the high level of real estate services established by industry leader Baird & Warner, the dominant force in Chicagoland real estate. For over a hundred years, Baird & Warner has built a company with a long-standing heartfelt commitment to the principles of fair housing and diversity, driven by five generations of independent local family ownership. Baird & Warner Title Services continues to uphold the same traditions and service expectations for its clients and partners.
- Crossroads Counseling
- Health Care and Social Assistance
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- Edward Jones
- Finance and Insurance
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- Gentle Dental Associates
- Health Care and Social Assistance
- -
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- Harmony Aesthetics
- Services
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- Marker Inc.
- Construction
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Real Estate | - | - | - | ||
| Crossroads Counseling | Health Care and Social Assistance | - | - | - | ||
| Edward Jones | Finance and Insurance | - | - | - | ||
| Gentle Dental Associates | Health Care and Social Assistance | - | - | - | ||
| Harmony Aesthetics | Services | - | - | - | ||
| Marker Inc. | Construction | - | - | - |
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Property Taxes
| Parcel Number | 02-28-253-006 | Improvements Assessment | $382,636 |
| Land Assessment | $97,117 | Total Assessment | $479,753 |
Property Taxes
Parcel Number
02-28-253-006
Land Assessment
$97,117
Improvements Assessment
$382,636
Total Assessment
$479,753
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608 E Veterans Pky
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