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- LoopNet Team
848 W Bartlett Rd
Bartlett, IL 60103
Office Property For Sale
INVESTMENT HIGHLIGHTS
- PRICED TO SELL: Under $60 per square foot! 9% Cap Rate!
- Ten excellent long-term tenants. Attractive building. Ample Parking. Condo association covers many common expenses.
- Investor upside with 1,066sf common area not currently accounted for in rental rates.
- 9,350 Average Daily Traffic (IDOT: July 2024)
EXECUTIVE SUMMARY
Single-story attractive brick building. Well-manicured, nicely landscaped grounds. Ample parking with front lot for clients and large back lot for employees. Three-owner Condo Association $1,632/mo. Covers Landscaping, Scavenger, Insurance, Common Area Utilities, Property Taxes for Back Parking Lot/Grounds, Exterior Building/Roof Maintenance/Repairs, Backflow Maintenance/Repair, Snow Removal and Association Accounting. Monument sign in front of building provides excellent advertising for user/owner or potential income stream for investor.
PROPERTY FACTS
AMENITIES
- Signage
- Natural Light
- Monument Signage
