Wendy Kiang - Commercial Real Estate Showcase

Wendy Kiang Property Listings
Broker
Baird & Warner
724-726 E Ogden Ave
Suite 724
Downers Grove, IL 60515-2901


DetailMap
321 W Prospect Avenue

Mount Prospect, IL 60056-3152 - Schaumburg Area Submarket


Property Type:Office Sub Type:Medical Status:Existing Year Built:1963
Stories:2 Typical Floor:3,000 SF Building Size:6,000 SF
% Leased:
For Sale Price:$549,900 Price/SF:$91.65
Cap Rate:-
Smallest Space:3,000 SF Largest Space:6,000 SF Total Space Avail:6,000 SF Rent/SF/Yr:
$9.50 - $11.50
Parking:Free Surface spaces are available; Ratio of 1.16/1,000 SF Amenities:Commuter Rail, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
3,000 SF
$9.50/SF/Yr
Vacant
1-3 yrs
Office
 2nd
3,000 SF
$11.50/SF/Yr
Vacant
1-3 yrs
Office
 
11452591
11452592


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
3,000 SF
$9.50/SF/Yr
Vacant
1-3 yrs
Office
2nd
3,000 SF
$11.50/SF/Yr
Vacant
1-3 yrs
Office
Building is in excellent condition. Space can easily be converted to medical use. X-ray machine on 2nd floor. Existing plumbing in each room on 2nd floor. Hardwood floors throughout 2nd floor. Windows replaced in 2007. New roof in 2009. Security system in place. Furniture, phones and equipment are negotiable. 2nd floor space was redone in 2005. Seven dedicated parking spaces with ample street parking on Prospect Ave. Taxes are currently being contested. Mount Prospect Station (Union Pacific Northwest line)- 1 minute drive time/0.3 mi.

Sale Notes:
Location! Locaton! Location! Very well maintained and updated office building in downtown Mt. Prospect. Walk to train station and shopping/dining. Potential for two Medical offices, Law Offices, CPA Offices etc. 2nd floor was a chiropractor clinic with beautifully decorated large waiting area, several examination rooms and bathrooms. Lower-level has used as a financial service office with reception area, separate offices, bathrooms, lunch room and a large bullpen area with furniture. Space is built out for immediate move-in. 5 parking spaces in rear and ample parking in front. Use one level and lease out the other level, let your tenant help you with the mortgage!! or lease out both levels and enjoy the above average returns. Income projection is based on previous rentals.

Baird & Warner
Wendy Kiang
(630) 920-0666


Baird & Warner
Wendy Kiang
(630) 920-0666



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