0N758 Gary Avenue

    Wheaton, IL 60187
    • $525,000
    • STATUS: Active
    • ON SITE: 258 days
    • MLS #: 10100946
    UPDATED: 18 min ago
    $525,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,280
      SQFT
    • $99
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    Large two tenant commercial strip mall on very busy Gary Avenue in Wheaton. Current tenant includes Sully's Place who has been a very long term tenant of the current owner, as well as a new 7 year lease with Hot Shots Photography Studio. Great building for an arm chair investor. Building currently nets $59,000 dollars of annual income after all expenses. One tenant is NN, other is modified gross with a 4% rent increase yearly. New roof!

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2019-06-18T12:54:10.21 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.thewexlergroup.com/homes/88158021

    0N758 Gary Avenue Wheaton, IL 60187

    • Price: $525,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 10100946
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,280
    SQFT
    $99
    $/SQFT
    1960
    Built
    Neighborhood:
    Wheaton
    County:
    DuPage
    Area:
    Wheaton
    Property Description
    Large two tenant commercial strip mall on very busy Gary Avenue in Wheaton. Current tenant includes Sully's Place who has been a very long term tenant of the current owner, as well as a new 7 year lease with Hot Shots Photography Studio. Great building for an arm chair investor. Building currently nets $59,000 dollars of annual income after all expenses. One tenant is NN, other is modified gross with a 4% rent increase yearly. New roof!
    Exterior Features

    Lot Dimensions 240X132 Lot Sq Ft 31680 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/SPartially Sprinklered Number Of Drive In Doors 0 Number Of Stories 1

    Property Features

    Age 36-50 Years Electrical Service Circuit Breakers Geographic Locale Southwest Suburban Gross Rental Income Amount 6226 Heat Ventilation Central Heat/Indiv Controls Max Avail Sq Ft Rentable 4000 Min Avail Sq Ft Rentable 2000 Net Oper Income Amount 59790 Property Offered For Sale Only Tax Year 2017 Taxes 9971 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialScavengerWater/Sewer Total Annual Exp 14932 Total Annual Income 74722 Township Milton Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Main Street Real Estate Group.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2019-06-18T12:54:10.21 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467