4949 Forest Ave - Office FOR SALE


Downers Grove, IL 60515
$1,300,000 USD
630-453-1230
4949 Forest Ave, Downers Grove, IL for Sale
$1,300,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

4949 Forest Ave
Downers Grove, IL 60515


OVERVIEW

One of the most unique loft style commercial buildings located in the heart of Downtown Downers Grove steps to Metra Train Station, restaurants, boutiques, Starbucks on Forest Avenue. Built in 1928 with historic brick construction has modern updates—such as roof, furnaces, parking lot, fire alarm and interior upgrades. Offers 3 levels of office space plus full lower level that is under-utilized with exterior entrance. Excellent investment opportunity to own and occupy your business onto the 2nd floor level. Public record provides 6,879 SF building, plus 2,669 sf lower level. Current leases only reflecting 5400 SF.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

09-08-116-013

ASK ABOUT THIS PROPERTY

Theresa SchulzSchulz Properties, Ltd.More Info
630-453-1230

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Theresa SchulzSchulz Properties, Ltd.More Info
630-453-1230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.