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310 W Irving Park Rd 2,343 SF Retail Building Wood Dale, IL 60191 $663,062 CAD ($283.00 CAD/SF) 9.18% Cap Rate



INVESTMENT HIGHLIGHTS
- Mixed Use Flexibility- Commercial storefront plus an updated two bedroom apartment upstairs and two garages
- Prime C-1 zoning- suitable for retail, office or service-based businessess in central Wood Dale
- Multiple income streams- rent out the apartment, garages, workshop and commercial space individually
EXECUTIVE SUMMARY
Now available! This versatile commercial property offers endless potential in a prime location! Currently operating as a flower shop, the building features a stylish storefront, office space, multiple workrooms and a recently remodeled bathroom. Whether you're looking for a space to run your own business or continue the legacy. The owners are open to including the successful flower shop in the sale for an additional price, in addition they they are willing to lease the commercial space from the new owner, offering an immediate income opportunity with the purchase of the building. Upstairs, you'll find a spacious two-bedroom apartment with an updated bathroom including a walk-in shower, a modern kitchen with new appliances, in-unit washer and dryer and sleek finishes- ideal for living on-site or generating rental income. This property sits on a .28 acre lot that includes parking for a dozen vehicles, a two car heated garage, a single car garaged separate workshop or storage room, all of which can be rented out separately for additional income. This is a fantastic opportunity for an owner-occupant, investor, or entrepreneur looking to live, work, and generate income, all from one flexible well located property.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Garden Center
Building Size
2,343 SF
Building Class
C
Year Built/Renovated
1958/2004
Price
$663,062 CAD
Price Per SF
$283.00 CAD
Cap Rate
9.18%
NOI
$60,862 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.30 AC
Zoning
C - Commercial
Parking
17 Spaces (7.26 Spaces per 1,000 SF Leased)
Frontage
52’ on W. Irving Park Road
AMENITIES
- 24 Hour Access
- Signage
NEARBY MAJOR RETAILERS
1 of 52
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310 W Irving Park Rd
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