110 N Neltnor Boulevard

WEST CHICAGO, Illinois 60185

Closed / MLS #9405263 / Retail Store / West Chicago

Listing information updated 4/14/2018 at 1:27am

Well-maintained retail strip mall center on IL-HWY Route 59 with pylon signage next to a signalized hard corner intersection w/ very high-traffic [32K VPD]. Neighboring tenants include two gas stations, McDonald's, Walgreens, Dunkin Donuts, and more in suburban West Chicago, less than 5 minutes to Western Station Metra. Brand new $100K roof was just replaced in 2016, along with facade and parking lot improvements (large parking lot). All leases structured as NNN, except for one tenant paying a higher gross rate. Tremendous cash flow with estimated installments for CAM, building insurance, and property taxes which are paid each month by tenants, to be reconciled at year-end (upwards of $50K+ in additional rent recovery). Only one unit remaining available for lease, all others are leased past 2017 with water separately metered & garbage paid by tenants. Easy investment with healthy rent increases moving forward. Please do not disturb businesses, call office to schedule an appointment.

Full Features

Built:

1942

Cooling System:

Central Individual

Stories:

Current Use:

Commercial, Office and Research

Potential Use:

Commercial, Office and Research, Retail

Zoning:

RTAIL

Rentable Square Feet:

1,250

Building Square Feet:

9,500

Current Net Income:

$14,435

Taxes & Assessments

Tax Amount:

$29,091

Tax Year:

N/A

Location

Zip Code:

60185

City:

West Chicago

County:

Du Page

Listing Office: Windy City RE LLC

Listing Office Phone: 312.868.0600

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 4/14/2018 at 1:27am. 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.

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110 N Neltnor Boulevard is a retail store which sold for $835,000. This retail store has been listed on @properties since December 15th, 2016 and was built in 1942. The nearest transit stops include West Chicago Metra Union Pacific West line.