231 W Grand Ave
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231 W Grand Ave
12,400 SF 100% Leased Office Building Bensenville, IL 60106 £948,012 (£76/SF) 9.42% Net Initial Yield
Investment Highlights
- INVESTOR OR OWNER/USER OPPORTUNITY
- 100% OCCUPANCY
- SITE 0.81 ACRES
- PRIME LOCATION WITH ACCESS TO RTE. 83 VIA GRAND AVE
- DUPAGE COUNTY TAXES
Executive Summary
100% leased to two tenants. The property presents a unique opportunity for an investor to own a cash flowing asset with frontage on Grand Avenue or a user the possibility to occupy a space if willing to vacate a tenant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,400 SF
Building Class
C
Year Built/Renovated
1980/1994
Price
£948,012
Price Per SF
£76
Net Initial Yield
9.42%
NOI
£89,255
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,400 SF
Slab to Slab
10 ft
Building FAR
0.35
Land Acres
0.81 AC
Zoning
B2, Bensenville
Parking
52 Spaces (4.19 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Signage
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PROPERTY TAXES
| Parcel Number | 03-26-102-019 | Improvements Assessment | £114,330 |
| Land Assessment | £142,028 | Total Assessment | £256,358 |
PROPERTY TAXES
Parcel Number
03-26-102-019
Land Assessment
£142,028
Improvements Assessment
£114,330
Total Assessment
£256,358
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231 W Grand Ave
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