Closed

$3,055,000

Favorite

60,600

square ft

431 W Boughton Road

Bolingbrook, Illinois 60440

Closed / MLS #09265161 / Retail Store / Bolingbrook

Listing information updated 12/26/2023 at 3:23pm

This 60,600 square foot neighborhood retail center is located at the stoplit corner of Boughton and Schmidt. The center features retail storefronts with frontage on both Boughton and Schmidt and a 12,600 square foot office center. With occupancy at 67%, the center has solid in-place income with long-term tenants while offering a great opportunity to add value. Bolingbrook is an affluent western suburb of Chicago that has seen tremendous growth in the last decade. With its rapid expansion, many prominent businesses have chosen to call Bolingbrook home, including national retailers such as Meijer, IKEA, and Macy's.

Full Features

Built:

1980

Cooling System:

Central Individual

Stories:

Current Use:

Commercial

Potential Use:

Commercial, Office and Research, Retail

Zoning:

RTAIL

# of Drive-In Doors:

Rentable Square Feet:

7,500

Building Square Feet:

60,600

Current Net Income:

$323,827

Taxes & Assessments

Tax Amount:

$106,318

Tax Year:

2014

Location

Zip Code:

60440

City:

Bolingbrook

County:

Will

Listing Office: Millennium Properties RE, Inc.

Listing Office Phone: 312.338.3000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/26/2023 at 3:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Bolingbrook, IL

The southwest suburb of Bolingbrook is the state's second largest village. Just 30 miles from Chicago, the village is home to a number of national corporate headquarters and business centers. Residents enjoy top-notch public services, municipal and park district golf courses, and several golf clubs...

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$361,382

Average Sale Price

Average Days On The Market

101%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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431 W Boughton Road is a retail store which sold for $3,055,000. This retail store has been listed on @properties since June 22nd, 2016 and was built in 1980.