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Elmhurst Property - Investment 524-530 W Grand Ave 9 976 pi² 100% Loué Commerce de détail Immeuble Elmhurst, IL 60126 4 201 375 $ CAD (421,15 $ CAD/pi²) 7,34% Taux de capitalisation
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Résumé de l'annonce
Presenting a premier commercial asset located at 530 W Grand Ave in Elmhurst, one of Chicago’s most sought-after suburbs. This approximately 10,000 sq. ft. facility sits on a generous 1.63-acre lot with 290 feet of frontage along Grand Avenue, offering exceptional visibility and accessibility.
Designed to support a wide range of automotive and service-related operations, the property features 20 expansive service bays with 12-foot clearance. It is currently leased to four established tenants—including a car dealership, tire shop, mechanic, and detailing center—two of which are multinational brands. This solid tenant mix provides reliable, long-term rental income.
Significant capital improvements were completed in 2024, including a new roof, professional tuckpointing, interior and exterior painting, and fully renovated restrooms, all of which enhance both functionality and curb appeal.
Strategically positioned in a high-traffic corridor with convenient access to major transportation routes, the property benefits from strong regional demographics and sustained commercial demand. With its prime location, recent upgrades, and stable income stream, this property offers a compelling opportunity for investors seeking long-term value and growth.
Designed to support a wide range of automotive and service-related operations, the property features 20 expansive service bays with 12-foot clearance. It is currently leased to four established tenants—including a car dealership, tire shop, mechanic, and detailing center—two of which are multinational brands. This solid tenant mix provides reliable, long-term rental income.
Significant capital improvements were completed in 2024, including a new roof, professional tuckpointing, interior and exterior painting, and fully renovated restrooms, all of which enhance both functionality and curb appeal.
Strategically positioned in a high-traffic corridor with convenient access to major transportation routes, the property benefits from strong regional demographics and sustained commercial demand. With its prime location, recent upgrades, and stable income stream, this property offers a compelling opportunity for investors seeking long-term value and growth.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Réparation automatique
Taille du bâtiment
9 976 pi²
Classe d’immeuble
B
Année de construction
1999
Prix
4 201 375 $ CAD
Prix par pi²
421,15 $ CAD
Taux de capitalisation
7,34%
Revenu net d’exploitation
308 560 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,14
Taille du lot
1,63 AC
Zonage
I-1 - Quartier industriel limité
Stationnement
107 places (10,85 places par 1 000 pi² loué)
Façade
290’ sur Grand Ave
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
20/100
Plutôt praticable en vélo
40/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 03-26-104-011 | Évaluation des bâtiments | 349 161 $ CAD |
| Évaluation du terrain | 331 484 $ CAD | Évaluation totale | 680 645 $ CAD |
Impôts fonciers
Numéro de lot
03-26-104-011
Évaluation du terrain
331 484 $ CAD
Évaluation des bâtiments
349 161 $ CAD
Évaluation totale
680 645 $ CAD
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Elmhurst Property - Investment | 524-530 W Grand Ave
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