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$1,285,000 -$65,000 (-4.81%) Price Reduced
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Property Description
Investor Opportunity. Long term Tenants anchored by Advocate Medical, 5,239 sq ft Single Story Building. Built in 1996 with recent Capital Improvements of New Roof 2023, and 3 AC Units. Located along Rt 59 Corridor with high traffic counts and Strong Financial Demographics. Full occupancy with Leases extended at 3 per escalation. Surrounded by commercial and residential growth.
Full Property Details
Full Property Details for 1048-1054 Norwood Ln
General
- Price: $1,285,000
- Taxes: $23,611 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12494981
- Updated: 2/3/2026
- Added to Site: 115 day(s) ago
Interior
- Interior Features: Accessible Washroom/s, Private Restroom(s), Public Restroom(s)
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors, Sprinklers (Wet)
Location
- Area: Bartlett
- County: DuPage
- Township: Wayne
- Driving Directions: Rt 59 North of Stearns to Norwood Lane (Dunkin Donuts and McDonalds)
- Location Details: East/West Corridor, Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 5,239
- Current Bldg. Use: Commercial, Medical/Dental
- Year Built: 1996
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Acres): 0.76
- Lot Size (Sq. Ft.): 33,300
- Lot Dimensions: 180 x 186
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $42,711
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors, Sprinklers-Wet
- Assessment Year: 1996
- Tax Amount: $23,611
- Tax Year: 2024
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 104408010
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Price & Sales History for 1048-1054 Norwood Ln
Date
Details
Price
Change
Source
2/03/2026
Price Reduced
$1,285,000
-4.81%
MLS
10/13/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1048-1054 Norwood Ln
1048-1054 Norwood Lane, Bartlett, IL 60103 (MLS# 12494981) is a Commercial property. 1048-1054 Norwood Lane is currently listed for $1,285,000 and was received on October 13, 2025. Want to learn more about 1048-1054 Norwood Lane? Do you have questions about finding other Commercial real estate for sale in Bartlett? You can browse all Bartlett real estate or contact a Coldwell Banker agent to request more information.

