800 E Northwest Hwy - Office/Residential FOR SALE


Mount Prospect, IL 60056- Downtown Mount Prospect
$1,450,000 USD
773-908-6241
800 E Northwest Hwy, Mount Prospect, IL for Sale
$1,450,000 USD
Office/Residential - FOR SALE
1/25
null | Request Cap Rate

800 E Northwest Hwy
Mount Prospect, IL 60056
Downtown Mount Prospect


OVERVIEW

27000 sq ft of offices in 2 floors (currently 24 suites) available. Although currently over 60% occupied but there are no long term leases. Since owner wants to be able to sell to a buyer that like to keep entire building as owner occupied, current owner didn’t renewed the leases and lost a couple of larger tenants because of that. Building is built from columns ( approximately 20’ spacing) and steel beams. Steel columns in the parking lot are encased in concrete. There is additional land for parking place included in this sale.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

800 Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

114

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

B-5, Mount Prospect

APN/PARCEL ID

08-12-403-014-0000,08-12-403-016-0000

ASK ABOUT THIS PROPERTY

Behrooz MoradiBehrooz MoradiMore Info
773-908-6241

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

Behrooz MoradiBehrooz MoradiMore Info
773-908-6241

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