Address
6335 Joliet Road, Countryside, IL
Price
$ 750,000
Property Attributes
  • MLS#12015939
  • TypeCommercial
  • CountyCOOK
  • CityCountryside
  • AreaCountryside
  • NeighborhoodRidgewood Oaks
  • Zip60525
  • StyleCommercial,Office
  • Year Built1983
  • Taxes$ 27678
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8000
  • Lot Size0.43 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Introducing a prime investment opportunity! This recently remodeled 8000 square foot office building boasts a total lot size of 18,825 square feet, making it an exceptional commercial property. Featuring 6,350 square feet of net leasable space, this two-story office building is currently fully leased, with lease renewals in place. First floor commands $5,000 per month, and second floor commands $6,000 per month resulting in a total income of $11,000 per month. Ample parking with 18 spots, ensuring convenience for tenants and visitors. Cap rate at 10.58%! The property's proximity to major highways and expansive shopping malls enhances its appeal to tenants. Conveniently located just minutes away from the historical La Grange and the Metra train station, this property offers easy access to transportation and amenities. With numerous recent updates, this property presents an attractive turnkey opportunity for new owners. The strategic location, strong rental income, and minimal need for additional investment make this a compelling addition to any investment portfolio. Don't miss out on the chance to acquire this income-generating property in a sought-after location. Schedule a showing today and seize this lucrative investment opportunity. Listed at or above appraisal value!

Price History
4/10/2024 Listed $750,000

General Features

Cooling Central Air
Possession Closing
Roof Composition
Zoning COMMR
Year Built 1983
Electric Circuit Breakers
Tenant Pays Common Area Maintenance,Electricity,Heat,Janitorial Service,Taxes
Stories 2
Township Lyons
Property SubType Office
Tax Year 2022
Current Use Commercial,Office
Gross Income 132000
County Cook
Net Operating Income 79377
Operating Expense 52623
Property Type Commercial Sale
Possible Use Commercial,Other
Status Active
Directions Between La Grange Rd and Brainard Ave,on Joliet Rd/Old Rte 66
City Countryside
Total Units 2
MLS Area Countryside
Lot Size Square Feet 18825
Street Name Joliet
Tax Annual Amount 27678
Leasable Area 6350
Days on Market 6
Standard Status Active
Property Type Office/Tech

Interior Features

Flooring Wood
Street Suffix Road

Exterior Features

Building Area Total 8000
Lot Dimensions 125X150
Lot Size Acres 0.43
Frontage Type City Street,Other
Exterior Shingle Siding,Combination

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60525

Price
AVG $740K
$750K
Taxes
AVG $49,108
$27,678
Visits
AVG 290
30
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1983

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