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8904 - 8906 Ogden Avenue, Brookfield, IL

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8904 - 8906 Ogden Avenue

Brookfield, IL 60513-2006 - Eastern East/West Corr Submarket

Property Type:Office Sub Type:Medical Status:Existing Year Built:1960
Stories:1 Typical Floor:1,650 SF Building Size:1,650 SF
For Sale Price:$159,000 Price/SF:$96.36
Cap Rate:-
Parking:7 Surface spaces are available; Ratio of 4.12/1,000 SF
825 SF is available to occupy upon purchase.

Two storefronts with separate entries, lavs, heating and cooling. East unit is currently occupied by Chiropractic Practice, west unit is wide open, freshly finished and ready to occupy. Priced WELL BELOW 2010 APPRAISAL
Rear Parking lot for 7 cars
Busy stop light intersection, storefronts are next to active restaurant, across the street from CVS Drugs, near Burlington Train Station...public transport.
Heavily travelled Ogden Ave.

Sale Notes:
Two storefronts with separate entries, lavatories, heating and cooling. Busy stop light intersection features restaurants, CVS Drugs. Near Burlington train station, this sold building has been well-maintained. Currently East unit currently Chiropractic facility. West unit is wide open, "vanilla" finished ready to occupy! Priced well below Dec. 2010 appraisal. Phase One complete. Parking in rear for 7 cars. Clean!
Strategically located on prime Ogden Ave. Strong demographics and quality construction in a highly visible loc. adds value to this property. 1-story brick bldg w/total usable space 1,700SQFT and 4,200SQFT lot. Deluxe office/medical "Acology Family Chiropractic" bldg in high-traffic loc. Features a general office, 2 exam rooms, large executive office, & bath. Tremendous opportunity for owner/user or developer!
***Entire block for sale and ready for development! All properties are in a "TIF" district (Tax increment financing). Village of Brookfield is very enthusiastic and willing to work with future investor/developer!

Business not included. Motivated seller! Properties "8900, 8914-18 and possible 8908 on Ogden" next to 8904-06 Ogden are also for Sale by us - Excellent (approx: 52,334 sqft) Development opportunity! Great potential & plenty of room for expansion!!!

Baird & Warner
Wesley Jonberg
(312) 981-2384

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