5100 Fairview Avenue

    Downers Grove, IL 60515
    • $329,900
    • STATUS: Active
    • ON SITE: 108 days
    • MLS #: 10101430
    Price Reduced
    UPDATED: 156 min ago
    $329,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $110
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1922
    County:

    School Ratings & Info

    Description

    EXCELLENT INVESTOR OPPORTUNITY IN DOWNERS GROVE. THE TWO STORY 3000 SQ FT BUILDING IS LOCATED ON A CORNER LOT OF A MAJOR THOROUGHFARE ACROSS FROM METRA STATION AND CENTRALLY LOCATED IN THE FAIRVIEW COMMERCIAL DISTRICT, OFFICES, STORES, RESTAURANTS, PEPPERIDGE FARM INDUSTRIAL BAKERY & MORE. THIS IS A SOLID ALL BRICK BUILDING WITH A FULL BASEMENT FOR EXTRA STORAGE, PARKING FOR UP TO 10 CARS. LOCATED IN COMMERCIALLY VIABLE DOWNERS GROVE. EXCELLENT OPPORTUNITY FOR A DAY CARE, EDUCATIONAL/TUTORING FACILITY, BOUTIQUE, LEGAL/ACCOUNTING OFFICES, CUSTOMER SERVICE/ CALL CENTER, NON PROFIT/ FOUNDATION FACILITY. THE BUILDING FEATURES OPEN WORKSPACE, LARGE CONFERENCE ROOMS, INDIVIDUAL OFFICES, NEWLY FINISHED HARDWOOD FLRS UNDER CARPET. BUILDING HAS $40,000 IN IMPROVEMENTS INCLUDING NEW ROOF AND TUCKPOINTING. THIS SECURE BUILDING HAS ON SITE PARKING PLUS ADDITIONAL CITY PARKING. CURRENT RENTAL INCOME FROM SECOND OFFICE SPACE IS $1100/MONTH. DOWNSTAIRS SPACE IS AVAILABLE TO RENT. PROPERTY SOLD "AS IS

    Monthly Payment Calculator



    © 2019 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 the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2019-01-19T23:50:21.55.

    Digital Millennium Copyright Act
    www.tsgre.com/homes/88172877

    5100 Fairview Avenue Downers Grove, IL 60515

    • Price: $329,900
    • Status: Active
    • Updated: 156 min ago
    • MLS #: 10101430
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,000
    SQFT
    $110
    $/SQFT
    1922
    Built
    Neighborhood:
    Downers Grove
    County:
    DuPage
    Area:
    Downers Grove
    Property Description
    EXCELLENT INVESTOR OPPORTUNITY IN DOWNERS GROVE. THE TWO STORY 3000 SQ FT BUILDING IS LOCATED ON A CORNER LOT OF A MAJOR THOROUGHFARE ACROSS FROM METRA STATION AND CENTRALLY LOCATED IN THE FAIRVIEW COMMERCIAL DISTRICT, OFFICES, STORES, RESTAURANTS, PEPPERIDGE FARM INDUSTRIAL BAKERY & MORE. THIS IS A SOLID ALL BRICK BUILDING WITH A FULL BASEMENT FOR EXTRA STORAGE, PARKING FOR UP TO 10 CARS. LOCATED IN COMMERCIALLY VIABLE DOWNERS GROVE. EXCELLENT OPPORTUNITY FOR A DAY CARE, EDUCATIONAL/TUTORING FACILITY, BOUTIQUE, LEGAL/ACCOUNTING OFFICES, CUSTOMER SERVICE/ CALL CENTER, NON PROFIT/ FOUNDATION FACILITY. THE BUILDING FEATURES OPEN WORKSPACE, LARGE CONFERENCE ROOMS, INDIVIDUAL OFFICES, NEWLY FINISHED HARDWOOD FLRS UNDER CARPET. BUILDING HAS $40,000 IN IMPROVEMENTS INCLUDING NEW ROOF AND TUCKPOINTING. THIS SECURE BUILDING HAS ON SITE PARKING PLUS ADDITIONAL CITY PARKING. CURRENT RENTAL INCOME FROM SECOND OFFICE SPACE IS $1100/MONTH. DOWNSTAIRS SPACE IS AVAILABLE TO RENT. PROPERTY SOLD "AS IS
    Exterior Features

    Construction Brick Frontage Access City Street Location Central Business District Lot Dimensions 50X150 Lot Sq Ft 7500 Number Of Parking Spaces 8 Number Of TLDocks 0 Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Floor Finish CarpetParquetWood Miscellaneous Inside Common Lunchroom/SCommon Meeting Room/SHandicapped AccessJanitorial ServicePrivate Restroom/SStorage InsideBasement Number Of Drive In Doors 0 Number Of Stories 2 Outdoor Parking 6-12 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Current Use Office And Research Electrical Service Circuit Breakers Exterior Building Type Brick Extra Storage Spaces Available YN Yes Geographic Locale Southwest Suburban Gross Rental Income Amount 1100 Heat Ventilation Central Heat/Indiv Controls Max Avail Sq Ft Rentable 3000 Min Avail Sq Ft Rentable 3000 Miscellaneous Outside Handicapped AccessSecurity LightingSecurity System Net Oper Income Amount 0 Number Of Tenants 1 Potential Use CommercialOffice And ResearchRetail Property Offered For Sale Only Rental Price 13 Tax Year 2017 Taxes 4725 Tenant Pays ElectricHeat Total Annual Exp 0 Total Annual Income 13200 Total Monthly Income 1100 Township Downers Grove Zoning Type Offic

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner Real Estate.


    © 2019 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 the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2019-01-19T23:50:21.55.

    Digital Millennium Copyright Act
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647