Log In/Sign Up
Your email has been sent.
840 W Bartlett Rd 5,100 SF 100% Leased Office Building Bartlett, IL 60103 $855,000 ($167.65/SF) 7.54% Cap Rate



Investment Highlights
- 5,100 SF | Two identical floors of 2,550 SF each
- Prominent signage on W Bartlett Road
- Close proximity to IL Rt 59
- 3 suites, each with a dedicated entrance
- Private dedicated off-street parking lot
- Owner/user with income or investment
Executive Summary
Fully occupied, three-tenant professional office building just off IL Route 59 in Bartlett where first-floor tenants - a dental practice and a professional office user on fresh three year leases - generate $59,550 annually, more than covering the building's current operating expenses. The seller occupies the second floor and will leaseback at market rate for an investor or vacate for an owner-user who wants a professional home base with prominent Bartlett Road signage, dedicated suite entrances, and a private parking lot.
Located in the Far Northwest Submarket of Bartlett, Illinois, at 840 W Bartlett Rd. The property is situated in Cook County, offering convenient access to major transportation routes. It is a 20-minute walk to Bartlett Station and an 8-minute drive to Hanover Park Station, providing excellent commuter rail connectivity. Chicago O'Hare International Airport is a 35-minute drive, while Chicago Midway International Airport is 50 minutes away. The property features ample parking with surface and covered spaces available. Nearby traffic volume includes 41,866 vehicles on W Bartlett Rd (2023).
Located in the Far Northwest Submarket of Bartlett, Illinois, at 840 W Bartlett Rd. The property is situated in Cook County, offering convenient access to major transportation routes. It is a 20-minute walk to Bartlett Station and an 8-minute drive to Hanover Park Station, providing excellent commuter rail connectivity. Chicago O'Hare International Airport is a 35-minute drive, while Chicago Midway International Airport is 50 minutes away. The property features ample parking with surface and covered spaces available. Nearby traffic volume includes 41,866 vehicles on W Bartlett Rd (2023).
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Building Size
5,100 SF
Building Class
B
Year Built
1989
Price
$855,000
Price Per SF
$167.65
Cap Rate
7.54%
NOI
$64,498
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,550 SF
Building FAR
0.47
Lot Size
0.25 AC
Zoning
OR, Bartlett
Parking
20 Spaces (3.92 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 06-34-100-018-0000 | Total Assessment | $121,250 |
| Land Assessment | $18,375 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $102,875 | Tax Year | 2025 |
Property Taxes
Parcel Number
06-34-100-018-0000
Land Assessment
$18,375
Improvements Assessment
$102,875
Total Assessment
$121,250
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
840 W Bartlett Rd
