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200 N Gary Ave 11,037 SF 65% Leased Office Building Carol Stream, IL 60188 $1,512,456 CAD ($137.04 CAD/SF)



Investment Highlights
- Heavy Traffic Area
- Renovated 2023
- New Roof 2023
- 4 Units
Executive Summary
Outstanding opportunity to acquire a well-maintained 4,400 sq. ft. commercial office building, plus an additional 1,640 sq. ft. of finished basement space. The property is divided into four separate units, three of which are currently leased to established dental practices, providing stable and reliable income. The fourth unit has been recently remodeled and is configured for immediate/primary care use, offering excellent move-in-ready potential. Recently updated (2023) primary care suite features four exam rooms, a reception area, waiting room, laboratory, and restroom. The finished basement expands the usable space with two additional rooms, a bathroom, and generous storage, allowing for a wide range of operational or tenant needs. The building is equipped with three HVAC systems (three A/C units and three furnaces), new roof 2023, and a full sprinkler system. The site includes 24 parking spaces for tenants and visitors and benefits from strong visibility along Gary Road, enhancing exposure and accessibility. This property is ideally suited for medical, dental, legal, or other professional office uses, while also offering flexibility for future owners or investors to implement their own concepts. Schedule your private showing today!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,037 SF
Building Class
C
Year Built/Renovated
1986/2023
Price
$1,512,456 CAD
Price Per SF
$137.04 CAD
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,400 SF
Building FAR
0.45
Lot Size
0.56 AC
Zoning
B2, Carol Stream - General Retail District
Parking
24 Spaces (2.17 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bright Dental
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bright Dental | Health Care and Social Assistance | - | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 02-32-304-018 | Improvements Assessment | $163,423 CAD |
| Land Assessment | $99,893 CAD | Total Assessment | $263,316 CAD |
Property Taxes
Parcel Number
02-32-304-018
Land Assessment
$99,893 CAD
Improvements Assessment
$163,423 CAD
Total Assessment
$263,316 CAD
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200 N Gary Ave
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