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350 N York St 7,335 SF 100% Leased Retail Building Elmhurst, IL 60126 $1,374,272 CAD ($187.36 CAD/SF) 8.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Cap Rate based on actual tenant rental income in place
- Walking distance to all the amenities and attractions of Downtown Elmhurst
- Ideal for buy-and-hold investors or future owner-user conversion
- Excellent location on York Street in Elmhurst
- Just steps from the Metra Train Station
- Recently remodeled interiors with floor-to-ceiling windows
EXECUTIVE SUMMARY
Fully Leased mixed use retail/office building on the corner of York Street and Grantley Avenue near downtown Elmhurst. Cap Rate based on actual tenant rental income in place. Tenants include Barber Shop, Game Spot, and Hair Salon. Walking distance to Metra Train Station and all things Downtown Elmhurst has to offer. The building consists of four (4) units in total. All units are currently rented. Recently remodeled interiors with floor to ceiling windows overlooking York Street. Flexible C-2 zoning ideal for a variety of retail, office, medical, service, or creative loft uses. Buy and hold investment or eventual owner user opportunity. Please do not contact or disturb tenants. Please contact listing broker for additional information.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$153,193
|
$20.89
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$153,193
|
$20.89
|
| Taxes |
$17,473
|
$2.38
|
| Operating Expenses |
$16,829
|
$2.29
|
| Total Expenses |
$34,302
|
$4.68
|
| Net Operating Income |
$118,891
|
$16.21
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $153,193 |
| Annual Per SF | $20.89 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $153,193 |
| Annual Per SF | $20.89 |
| Taxes (CAD) | |
|---|---|
| Annual | $17,473 |
| Annual Per SF | $2.38 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $16,829 |
| Annual Per SF | $2.29 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $34,302 |
| Annual Per SF | $4.68 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $118,891 |
| Annual Per SF | $16.21 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,335 SF
Building Class
C
Year Built
1961
Price
$1,374,272 CAD
Price Per SF
$187.36 CAD
Cap Rate
8.65%
NOI
$118,891 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.99
Lot Size
0.17 AC
Zoning
C-2 - C-2: Community Shopping & Service
Parking
8 Spaces (1.09 Spaces per 1,000 SF Leased)
Frontage
100’ on York St
AMENITIES
- Corner Lot
- Signage
- Balcony
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 03-35-412-025 | Total Assessment | $286,020 CAD |
| Land Assessment | $60,396 CAD | Annual Taxes | $17,473 CAD ($2.38 CAD/SF) |
| Improvements Assessment | $225,624 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
03-35-412-025
Land Assessment
$60,396 CAD
Improvements Assessment
$225,624 CAD
Total Assessment
$286,020 CAD
Annual Taxes
$17,473 CAD ($2.38 CAD/SF)
Tax Year
2024
1 of 4
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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Presented by
Denis Vujasinovic
350 N York St
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