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7N024-7N040 Medinah Rd 9,203 SF Office Building Medinah, IL 60157 $4,342,400 CAD ($471.85 CAD/SF) 4.62% Cap Rate
Investment Highlights
- STORE FRONT LOCATION
- HIGH TRAFFIC AREA
- OPEN FLOOR PLAN WITH EXPOSED BRICK AND CEILINGS
Executive Summary
GREAT COMMERCIAL OFFICE BUILDING WITH EXCELLENT CORNER LOCATION! WOULD BE A GREAT SPACE FOR A BEAUTY SALON, NAIL SALON, OFFICE SPACE, SMALL MEDICAL OFFICE, OFFICE SPACE FOR A BUSINESS, LIQUOR STORE, PET GROOMING- ALL LICENSING MUST BE DONE THROUGH DUPAGE COUNTY-THE LARGER MAIN AREA IS 255X580, THE ADJOINING SMALLER SPACE IS 193X370. THESE SPACES ARE CONNECTED BY AN OPENING HOWEVER A DOOR COULD BE ADDED- 1 BATHROOM IN UNIT-RECENT UPDATES IN 2021-2022 INCLUDE FURNACE, AC, ELECTRICAL, BATHROOM & FLOORING
Data Room Click Here to Access
- Miscellaneous
Financial Summary (Actual - 2024) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
9,203 SF
Building Class
B
Year Built
1967
Price
$4,342,400 CAD
Price Per SF
$471.85 CAD
Cap Rate
4.62%
NOI
$200,836 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,203 SF
Building FAR
0.24
Lot Size
0.87 AC
Zoning
B-1 - Neighborhood Shopping District
Parking
32 Spaces (3.48 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Controlled Access
- Fenced Lot
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Numbers | Total Assessment | $447,335 CAD | |
| Land Assessment | $255,094 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $192,241 CAD | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$255,094 CAD
Improvements Assessment
$192,241 CAD
Total Assessment
$447,335 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
BenClaire, LLC
7N024-7N040 Medinah Rd
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