$750,000
$707,586
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2,390 SqFt
SOLD DATE : 10/10/2023
Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 2,390 sqft
Price per Sqft $313
MLS Listing ID 11784098
Sold Date 10/10/23
Year Built 1972
Annual Tax Amount $20,140
Tax Year 2022
Lot Dimensions 153X198X133X86X20X142
Property Sub-Type Retail/Stores
Property Description
This excellent investment property boasts a stand alone retail building with national tenant in place. 2,390 square feet of retail space featuring drive through, indoor dining and slot machines for additional income stream. Investors can expect significant returns from the property's excellent cap rate of 7.25%. Conveniently located on N Main St in Carol Stream IL, the property enjoys high-visibility and is surrounded by a wide range of national retailers such as Home Depot, Starbucks, Jersey Mikes, Qdoba, Shell & Firestone making it a top choice for retailers and investors alike. 9 years remaining on the current lease. The superb location and exceptional cap rate of 7.25% are just some of the features that make this an outstanding investment option.
Location
State IL
County Du Page
Area Carol Stream
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Lance Kammes • RE/MAX Suburban
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "