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Entertainment One 1 S Park Ave

3,500 SF Office Building Lombard, IL 60148 £508,362 (£145/SF)

Investment Highlights

  • open plan with exposed brick
  • lots of foot traffic
  • lots of natural light

Executive Summary

Prime, retail location with high visibility and great curb appeal. This vintage former bank building exudes natural beauty inside and out. Main floor is ready for your buildout and includes 2 newly built ADA bathrooms. It also includes a very usable basement. The second floor is a 1700 sf luxury, loft style, 2 bedroom apartment. This would be an excellent location for a coffee shop, ice cream shop, beauty shop, or restaurant. The train station is 300 ft away and the farmers market, car shows, concerts and many other events are right in front of the building all summer long. Seller to pay purchasing agent 2% commission.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes £8,773 £2.51
Operating Expenses £2,796 £0.80

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual £8,773
Annual Per SF £2.51
Operating Expenses
Annual £2,796
Annual Per SF £0.80
Total Expenses
Annual £11,569
Annual Per SF £3.31

Property Facts

Sale Type
Owner User
Sale Condition
Distress Sale
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,500 SF
Building Class
C
Year Built/Renovated
1909/2016
Price
£508,362
Price Per SF
£145
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,750 SF
Slab to Slab
12 ft
Building FAR
1.45
Lot Size
0.06 AC
Zoning
C - building is zoned in the TIF district and is eligible for grants. Mixed use zoning, including retail, office, and residential

Amenities

  • Roof Terrace
  • Outdoor Seating
  • Air Conditioning
  • Balcony
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-07-210-001
Land Assessment
£5,726 (2023)
Improvements Assessment
£103,356 (2023)
Total Assessment
£109,082 (2023)
Annual Taxes
£8,773 (£2.51/sf)
Tax Year
2024 Payable 2025
  • Listing ID: 34182558

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 1 S Park Ave, Lombard, IL 60148

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