Address
325 S Main Street Lombard, IL
Price
$ 650,000
Property Attributes
  • MLS#11064609
  • TypeCommercial
  • CountyDU PAGE
  • CityLombard
  • AreaLombard
  • NeighborhoodDowntown
  • Zip60148
  • StyleCommercial,Condominium,Office and Research
  • Year Built1994
  • Taxes$ 13263
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
Listing Provided Courtesy Of:
@properties
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Excellent Opportunity! 7.5% CAP, offering 11% cash-on-cash return. FULLY rented 100%, Zoned B5A. Newly reduced taxes make this building the perfect investment opportunity in Downtown Lombard. This quality construction and well-maintained modern brick building is located next to IL Prairie Path. Features two commercial units on the 1st floor (1200 plus sq ft each) and two apartments above. PLUS 15 car parking lot. Recent updates include furnaces, water heater, roof, floors and hallways. Finished basement has two huge commercial spaces that can be rented, plus room laundry & ample storage for tenants. Superior quality construction perfect for owner occupant or buy/hold investor. Tenants pay own utilities include heat, gas, water and sewer. Agent interest-listing agent is related to seller.

Price History
4/23/2021 Listed $650,000

General Features

Construction Materials Brick, Concrete, Steel Siding
Cooling Central Air, Exhaust Fan, Zoned
Current Use Commercial
Electric Separate Meters, 101-200 Amps
Flooring Carpet, Tile, Varies, Vinyl, Wood
Possible Use Commercial, Condominium, Office and Research
Property SubType Mixed Use
Property Type Mixed Use
Property Type Commercial Sale
Roof Composition
Standard Status Active
Stories 2
Tax Annual Amount 13263.9
Total Units 4
Zoning COMMR

Exterior Features

Building Area Total 5000
Exterior Brick
Foundation Details Concrete Perimeter
Lot Dimensions 80X130
Lot Size Square Feet 10400
Total Parking 15

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60148

Price
AVG $70K
$650K
Taxes
AVG $11,930
$13,263
Visits
AVG 119
24
Year Built
AVG 1972
1994
Walkscore
AVG 56
67
Data Provided by Walkscore ® not using MLS data