720 E North Ave | Carol Stream, IL 60188
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
720 E North Ave
Carol Stream, IL 60188
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stable Income Stream: With a corporate-backed tenant and a 10-year lease, investors can expect consistent and reliable income.
- Recent Renovations: The property will be remodeled in 2024, ensuring modern facilities and potentially higher tenant retention.
- Annual Rent Increases: The lease includes 2.5% annual rent increases, enhancing the property's long-term financial performance.
- Expansion Options: Two 5-year lease extension options provide long-term stability and potential for increased returns.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,878 SF
Building Class
B
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.76 AC
Zoning
B-2 - Neighborhood Mixed-Use
Parking
49 Spaces (7.12 Spaces per 1,000 SF Leased)
Frontage
1,112’ on North Ave
AMENITIES
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 05-04-200-033 | Improvements Assessment | $316,805 |
| Land Assessment | $99,829 | Total Assessment | $416,634 |
PROPERTY TAXES
Parcel Number
05-04-200-033
Land Assessment
$99,829
Improvements Assessment
$316,805
Total Assessment
$416,634
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
