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110 North Neltnor Boulevard, West Chicago, IL 60185

$875,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 9,500 Sq. Ft.
  • Updated 9 hours ago
110 North Neltnor Boulevard, West Chicago, IL 60185 View this property at 110 North Neltnor Boulevard, West Chicago, IL 60185
110 North Neltnor Boulevard West Chicago IL 60185

Property Description

Well-maintained retail strip mall center on IL-HWY Route 59 with pylon signage next to a signalized hard corner intersection w/ very high-traffic [32K VPD]. Neighboring tenants include two gas stations, McDonald's, Walgreens, Dunkin Donuts, and more in suburban West Chicago, less than 5 minutes to Western Station Metra. Brand new $100K roof was just replaced in 2016, along with facade and parking lot improvements (large parking lot). All leases structured as NNN, except for one tenant who is paying a higher gross rate. Tremendous cash flow with estimated installments for CAM, building insurance, and property taxes which are paid each month by tenants, to be reconciled at year-end (upwards of $50K+ in additional rent recovery). Only one
unit remaining available for lease, all others are leased past 2017 with water separately metered to all units. Easy turnkey investment with healthy rent increases moving forward. Please do not disturb businesses, call office to schedule an appointment.

Full Property Details for 110 North Neltnor Boulevard

  • Price: $875,000
  • Taxes: $29,091 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 09395436
  • Updated: 12/2/2016
  • Added: 4 day(s) ago

Property History

  • 110 North Neltnor Boulevard, West Chicago, IL
  • Listed at $875,000 on 11/28/16

Additional Information

  • Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s)

Parking

  • Parking Features: 51 to 100 Spaces

Location

  • Area: West Chicago
  • County: Du Page
  • Township: WINFIELD
  • Driving Directions: Take the IL-59 exit from I-88 W. Follow IL-59 N to N Neltnor Blvd in West Chicago.
  • Location Details: Central Business District, Northwest Suburban

Heating & Cooling

  • Cooling Type: Central Individual
  • Heating Type: Forced Air

Utilities

  • Onsite: Electricity to Site, Gas to Site, Municipal Water

Structural Information

  • Exterior Const.: Brick
  • Foundation: Concrete
  • Stories/Levels: 1
  • Square Feet: 9,500
  • Aprox. Leasable: 9,500 Sq. Ft.
  • Current Bldg. Use: Commercial, Office and Research
  • Year Built: 1942

Unit Information

  • # Tenants: 7

Retail

  • Lease Min - Max: 1,000 - 1,250 Sq. Ft.

Lot Features

  • Lot Size (Sq. Ft.): 55,756
  • Lot Dimensions: 335 x 158
  • Lot Access: US Highway
  • Potential Use: Commercial, Office and Research, Retail
  • Zoning: RTAIL

Financial Considerations

  • Lease Price: $14
  • Tax Amount: $29,091
  • Tax Year: 2015
  • Tenant Pays: Water/Sewer, Varies by Tenant

Disclosures and Reports

  • Ownership: Corporation
  • APN: 410117011

Listed by Windy City RE LLC

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Estimate the Cost

110 North Neltnor Boulevard will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

110 North Neltnor Boulevard, West Chicago, IL 60185 (MLS# 09395436) is a Commercial property. 110 North Neltnor Boulevard is currently listed for $875,000 and was received on November 28, 2016. Want to learn more about 110 North Neltnor Boulevard? Do you have questions about finding other Commercial real estate for sale in West Chicago? You can browse all West Chicago real estate or contact a Coldwell Banker agent to request more information.

Listed by Windy City RE LLC

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