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    1196 Main Street

    Lombard, IL 60148
    • $875,000
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: 10857727
    New On Site 6 Days Ago
    UPDATED: 38 min ago
    $875,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,786
      SQFT
    • $129
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1962
    County:
    Area:

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    Description

    Prime corner of Roosevelt and Main St. This is a one-story, masonry constructed, multi-tenant retail strip center with a newly finished, full basement. The building has a gross building area of 6,786+/- square feet It was constructed in 1962. The strip center is currently divided into 6 rental units. The upper 4 units are 100% occupied with long term tenants. Present owner has recently finished the lower level and is ready for occupancy The building is located on a 4,683 +/- square foot site which is zoned B-4A, Roosevelt Road Corridor District, while the parking lot is located on a 7,650 +/- square foot site which is zoned B-3 Community Shopping District. New roof was installed in 2007. New boiler was installed in 2004. This property boasts 41 feet of frontage on Roosevelt Road and 165 feet of frontage on Main Street. Exterior is exposed brick.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-21T08:49:44.373 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1196 Main Street Lombard, IL 60148

    • Price: $875,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 10857727
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,786
    SQFT
    $129
    $/SQFT
    1962
    Built
    Neighborhood:
    Lombard
    County:
    DuPage
    Area:
    Lombard
    Property Description
    Prime corner of Roosevelt and Main St. This is a one-story, masonry constructed, multi-tenant retail strip center with a newly finished, full basement. The building has a gross building area of 6,786+/- square feet It was constructed in 1962. The strip center is currently divided into 6 rental units. The upper 4 units are 100% occupied with long term tenants. Present owner has recently finished the lower level and is ready for occupancy The building is located on a 4,683 +/- square foot site which is zoned B-4A, Roosevelt Road Corridor District, while the parking lot is located on a 7,650 +/- square foot site which is zoned B-3 Community Shopping District. New roof was installed in 2007. New boiler was installed in 2004. This property boasts 41 feet of frontage on Roosevelt Road and 165 feet of frontage on Main Street. Exterior is exposed brick.
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Lot Dimensions 48X115158X50 Lot Sq Ft 12333 Number Of TLDocks 0 Roof Structure Flat

    Interior Features

    Air Conditioning Central Individual Fire Protection Fire Extinguisher/S Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking 13-18 Spaces

    Property Features

    Current Use Commercial Electric Expense Source Actual Electrical Service Circuit Breakers Electricity Expense 837 Expense Year 2019 Exterior Building Type Brick Extra Storage Spaces Available YN Yes Financial Amounts For Total Building Rental Onl Yes Fuel Expense 2808 Fuel Expense Source Actual Gross Rental Income Amount 98880 Heat Ventilation Central Heat/Indiv Controls Insurance Expense 1115 Investment YN Yes Max Avail Sq Ft Rentable 6786 Min Avail Sq Ft Rentable 6786 Net Oper Income Amount 77850 Number Of Tenants 4 Other Expense Source Actual Other Expenses 1200 Possession Closing Property Offered For Sale Only Tax Year 2019 Taxes 12672 Tenant Pays Electric Total Annual Exp 21029 Total Annual Expense Source Actual Total Annual Income 98880 Total Monthly Income 8240 Township York Water Expense 1259 Zoning Type Rtail

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Patrick Realty.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-21T08:49:44.373 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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