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9930 Derby Ln
Westchester, IL 60154
Office Property For Sale
Executive Summary
9930 Derby Lane is a two-story suburban commercial/office brick building with eight rent-producing commercial suites and small warehouse/loading dock component. Close to major highway trafficked road (Roosevelt Rd./Rt.38) and nearby I-290 and I-294. The asset is positioned as a practical value-add opportunity with in-place income, a vacant owner-user suite, and upside through rent alignment, tenant-paid electric, and more triple-net style recoveries over time.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,000 SF
Building Class
B
Year Built
1960
Price
$960,026 CAD
Price Per SF
$80.00 CAD
Cap Rate
9.90%
NOI
$95,030 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.53
Lot Size
0.52 AC
Zoning
B1 - Retail storefronts on low-traffic streets
Parking
20 Spaces (1.67 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Air Conditioning
Property Taxes
| Parcel Number | 15-21-200-038-0000 | Improvements Assessment | $107,600 CAD |
| Land Assessment | $67,541 CAD | Total Assessment | $175,141 CAD |
Property Taxes
Parcel Number
15-21-200-038-0000
Land Assessment
$67,541 CAD
Improvements Assessment
$107,600 CAD
Total Assessment
$175,141 CAD
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