Elmhurst Building | 109-111 E First St
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Elmhurst Building 109-111 E First St
18,000 SF 100% Leased Retail Building Elmhurst, IL 60126 £2,003,750 (£111/SF) 7.50% Net Initial Yield
Executive Summary
Mixed Use Retail / Office Building Downtown Elmhurst. Just east of York on First. Right near Metra station. 100% occupied offered at a 7.5 cap rate. Surrounded by restaurants, entertainment, shopping, fitness and more. Backs up to police station parking lot adjacent to free 4 story Schiller parking garage. Almost entirely long term tenants. Please do not disturb tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,000 SF
Building Class
C
Year Built
1940
Price
£2,003,750
Price Per SF
£111
Net Initial Yield
7.50%
NOI
£150,281
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.01
Lot Size
0.41 AC
Zoning
C-1
Frontage
125 ft on 1st St
Amenities
- Signage
Walk Score ®
Walker's Paradise (94)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 06-01-118-009 | Improvements Assessment | £285,022 |
Land Assessment | £62,091 | Total Assessment | £347,113 |
PROPERTY TAXES
Parcel Number
06-01-118-009
Land Assessment
£62,091
Improvements Assessment
£285,022
Total Assessment
£347,113
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Elmhurst Building | 109-111 E First St
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