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    325 S Main Street

    Lombard, IL 60148
    • $650,000
    • STATUS: Active Under Contract
    • ON SITE: 151 days
    • MLS #: 11064609
    Under Contract
    UPDATED: 79 min ago
    $650,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $130
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1994
    County:
    Area:

    School Ratings & Info

    Description

    Excellent Opportunity! 7.5% CAP, offering 11% cash-on-cash return. FULLY rented 100%, Zoned B5A. Newly reduced taxes make this building the perfect investment opportunity in Downtown Lombard. This quality construction and well-maintained modern brick building is located next to IL Prairie Path. Features two commercial units on the 1st floor (1200 plus sq ft each) and two apartments above. PLUS 15 car parking lot. Recent updates include furnaces, water heater, roof, floors and hallways. Finished basement has two huge commercial spaces that can be rented, plus room laundry & ample storage for tenants. Superior quality construction perfect for owner occupant or buy/hold investor. Tenants pay own utilities include heat, gas, water and sewer. Agent interest-listing agent is related to seller.

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    © 2021 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 | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-22T09:00:17.737 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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    325 S Main Street Lombard, IL 60148

    • Price: $650,000
    • Status: Active Under Contract
    • Updated: 79 min ago
    • MLS #: 11064609
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,000
    SQFT
    $130
    $/SQFT
    1994
    Built
    Neighborhood:
    Lombard
    County:
    DuPage
    Area:
    Lombard
    Property Description
    Excellent Opportunity! 7.5% CAP, offering 11% cash-on-cash return. FULLY rented 100%, Zoned B5A. Newly reduced taxes make this building the perfect investment opportunity in Downtown Lombard. This quality construction and well-maintained modern brick building is located next to IL Prairie Path. Features two commercial units on the 1st floor (1200 plus sq ft each) and two apartments above. PLUS 15 car parking lot. Recent updates include furnaces, water heater, roof, floors and hallways. Finished basement has two huge commercial spaces that can be rented, plus room laundry & ample storage for tenants. Superior quality construction perfect for owner occupant or buy/hold investor. Tenants pay own utilities include heat, gas, water and sewer. Agent interest-listing agent is related to seller.
    Exterior Features

    Exterior Building Type Brick Foundation Details Concrete Perimeter Outdoor Parking 13-18 Spaces Parking Total 15 Roof Composition Roof Structure Flat Water Drainage Storm Sewers

    Interior Features

    Cooling Central AirExhaust FanZoned Fireplaces Total 0 Flooring CarpetTileVariesVinylWood Heat Ventilation Central Heat/Indiv ControlsForced AirGas Miscellaneous Inside Handicapped AccessInside Corridor/SJanitorial ServiceMulti-TenantPrivate Restroom/SSkylight/SBasementLaundry Room Number Of Dishwashers 0 Number Of Dryers 1 Number Of Ranges 2 Number Of Washers 1

    Property Features

    Additional Parcels YN No Approximate Age 26-35 Years Building Area Total 5000 Built Before1978 YN No Contingency Attorney/Inspection Continue To Show Yes Current Use Commercial Electric Separate Meters101-200 Amps Fire Protection Alarm MonitoredAlarm On SitePartially SprinkleredSmoke Or Fire Protectors Geographic Locale Northwest Suburban Gross Income 68160 Gross Scheduled Income 68160 Insurance Expense 2000 Location Central Business DistrictPublic Transport Avail Net Operating Income 45923 Number Of Tenants 4 Operating Expense 9044 Possible Use CommercialCondominiumOffice And Research Property Sub Type Mixed Use Rental Price 13 Tax Annual Amount 13263.9 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatSewer Total Monthly Income 5680 Type Mixed Use Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2021 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 | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-22T09:00:17.737 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
     
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    The Wexler Group | Keller Williams Preferred Realty
    16123 S LaGrange Road
    Orland Park IL, 60467