840 W Bartlett Rd - Office FOR SALE


Bartlett, IL 60103
$855,000 USD
630-254-4734
840 W Bartlett Rd, Bartlett, IL for Sale
$855,000 USD
Office - FOR SALE
1/10
null | 7.54% Cap Rate

840 W Bartlett Rd
Bartlett, IL 60103


HIGHLIGHTS

  • 5,100 SF | Two identical floors of 2,550 SF each
  • 3 suites, each with a dedicated entrance
  • Prominent signage on W Bartlett Road
  • Private dedicated off-street parking lot
  • Close proximity to IL Rt 59
  • Owner/user with income or investment

OVERVIEW

Fully occupied, three-tenant professional office building just off IL Route 59 in Bartlett where first-floor tenants - a dental practice and a professional office user on fresh three year leases - generate $59,550 annually, more than covering the building's current operating expenses. The seller occupies the second floor and will leaseback at market rate for an investor or vacate for an owner-user who wants a professional home base with prominent Bartlett Road signage, dedicated suite entrances, and a private parking lot. Located in the Far Northwest Submarket of Bartlett, Illinois, at 840 W Bartlett Rd. The property is situated in Cook County, offering convenient access to major transportation routes. It is a 20-minute walk to Bartlett Station and an 8-minute drive to Hanover Park Station, providing excellent commuter rail connectivity. Chicago O'Hare International Airport is a 35-minute drive, while Chicago Midway International Airport is 50 minutes away. The property features ample parking with surface and covered spaces available. Nearby traffic volume includes 41,866 vehicles on W Bartlett Rd (2023).

FOR SALE DETAILS

PRICE

$855,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

7.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,768 SF

ZONING

OR, Bartlett

APN/PARCEL ID

06-34-100-018-0000

ASK ABOUT THIS PROPERTY

Jeff CadwalladerSVN Landmark Commercial Real EstateMore Info
630-254-4734

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Jeff CadwalladerSVN Landmark Commercial Real EstateMore Info
630-254-4734

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