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402 W Boughton Rd 12,065 SF 77% Leased Office Building Bolingbrook, IL 60440 $2,755,462 CAD ($228.38 CAD/SF) 4.97% Cap Rate

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EXECUTIVE SUMMARY

This is an amazing investment opportunity in Bolingbrook. Located on the highly desired Boughton Rd corridor with a traffic count that exceeds 30,000 cars per day. This property comprises of two well maintained brick and cedar buildings consisting of 12,400 rentable sq footage (14560 total building sq footage) and 12 units with an additional .88 Acre Lot. These buildings are ranch style buildings, and each unit consists of separate entrances, utilities, gas forced Heating, central air. And private restrooms. Building 2 (404 W Boughton Rd) has an unfinished basement area-perfect for storage. These buildings are set on a 1.8 Acre lot with an expansive parking lot providing plenty of parking. Perfect for an owner user, office complex, business headquarters or business center. Great expansion possibilities as well. Roofs are approximately 13 years old, Parking lot resurfaced in 2018.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $318,973 $26.44
Other Income - -
Vacancy Loss - -
Effective Gross Income $318,973 $26.44
Taxes $50,655 $4.20
Operating Expenses $268,318 $22.24
Total Expenses $318,973 $26.44
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $318,973
Annual Per SF $26.44
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $318,973
Annual Per SF $26.44
Taxes (CAD)
Annual $50,655
Annual Per SF $4.20
Operating Expenses (CAD)
Annual $268,318
Annual Per SF $22.24
Total Expenses (CAD)
Annual $318,973
Annual Per SF $26.44
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,065 SF
Building Class
B
Year Built
1974
Price
$2,755,462 CAD
Price Per SF
$228.38 CAD
Cap Rate
4.97%
NOI
$136,979 CAD
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,065 SF
Building FAR
0.08
Lot Size
3.58 AC
Zoning
B-2 - Retail storefronts, apartments allowed on the ground floor
Parking
51 Spaces (4.11 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Advanced Allergy & Asthma Clinic S C
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Asthma Allergy Research Associates
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Boughton Family Practice PC
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Complete Health Services Inc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Dr. Manuel A Malicay
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Dr. Maria Barino
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Essential Elements Counseling Center
  • Health Care and Social Assistance
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Advanced Allergy & Asthma Clinic S C Health Care and Social Assistance - - -
Asthma Allergy Research Associates Professional, Scientific, and Technical Services - - -
Boughton Family Practice PC Health Care and Social Assistance - - -
Complete Health Services Inc Health Care and Social Assistance - - -
Dr. Manuel A Malicay Health Care and Social Assistance - - -
Dr. Maria Barino Health Care and Social Assistance - - -
Essential Elements Counseling Center Health Care and Social Assistance - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 402C
  • 1,484 SF
  • Office/Medical
  • Full Build-Out
  • Now

Office space for lease in this sprawling, well maintained office complex. This unit is located on the main level (no stairs) and offers approximately 1484 sq ft of space but can be combined with other units to have a total of 3872 sq ft of space for lease. Private front entrance. Bath and storage unit located within the unit. Separate utilities. Plenty of parking available. This Professional office building is located on Boughton Road, a highly traveled main artery connecting I-355 expressway to Southern Naperville. It is located in Will County which is one of the fastest growing counties in Illinois. Boughton Rd. traffic count is in excess of 30,000 cars per day.

Space Size Space Use Condition Available
1st Fl-Ste 402C 1,484 SF Office/Medical Full Build-Out Now

1st Fl-Ste 402C

Size
1,484 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 402C

Size 1,484 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Office space for lease in this sprawling, well maintained office complex. This unit is located on the main level (no stairs) and offers approximately 1484 sq ft of space but can be combined with other units to have a total of 3872 sq ft of space for lease. Private front entrance. Bath and storage unit located within the unit. Separate utilities. Plenty of parking available. This Professional office building is located on Boughton Road, a highly traveled main artery connecting I-355 expressway to Southern Naperville. It is located in Will County which is one of the fastest growing counties in Illinois. Boughton Rd. traffic count is in excess of 30,000 cars per day.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-02-10-100-046
Land Assessment
$157,561 CAD (2024)
Improvements Assessment
$327,697 CAD (2024)
Total Assessment
$485,259 CAD (2024)
Annual Taxes
$50,655 CAD ($4.20 CAD/SF)
Tax Year
2025
  • Listing ID: 35127177

  • Date on Market: 2025-03-13

  • Last Updated:

  • Address: 402 W Boughton Rd, Bolingbrook, IL 60440

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