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850 W Bartlett Rd 9,496 SF 100% Leased Office Building Bartlett, IL 60103 $1,525,600 ($160.66/SF) 8% Cap Rate
Investment Highlights
- Updated in 2005 with GFA/central air HVAC, sprinklers, and ADA-compliant restrooms.
- Ample front and rear parking with easy access to Route 59 and Route 20.
- Functional layout with private offices, open workspaces, conference rooms, and shared amenities.
- Offered at $1,525,600 with an 8% proforma CAP rate and $122,568 NOI.
Executive Summary
The building features multiple private offices, open workspaces, conference rooms, and shared amenities, including a common kitchen and waiting area. With a modern design, ample parking, and easy accessibility, this property is ideal for investors seeking a reliable income stream or an owner-occupant looking to establish a professional presence.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,496 SF
Building Class
B
Year Built/Renovated
1979/2005
Price
$1,525,600
Price Per SF
$160.66
Cap Rate
8%
NOI
$122,048
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,496 SF
Building FAR
0.05
Lot Size
4.32 AC
Zoning
OR, Bartlett
Parking
105 Spaces (11.06 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Natural Light
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Private office available for lease with open plan.
Private office suite available for lease with access to a shared conferencing room and kitchen area.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 19 | 250 SF | Office | Full Build-Out | 30 Days |
| 1st Fl-Ste 2 | 300 SF | Office | Full Build-Out | 30 Days |
1st Fl-Ste 19
| Size |
| 250 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 2
| Size |
| 300 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 19
| Size | 250 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Private office available for lease with open plan.
1st Fl-Ste 2
| Size | 300 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Private office suite available for lease with access to a shared conferencing room and kitchen area.
Property Taxes
| Parcel Numbers | Improvements Assessment | $110,926 | |
| Land Assessment | $81,824 | Total Assessment | $192,750 |
Property Taxes
Parcel Numbers
Land Assessment
$81,824
Improvements Assessment
$110,926
Total Assessment
$192,750
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
850 W Bartlett Rd
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