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9801 Lawrence Avenue

Schiller Park, IL 60176
  • $395,000
  • STATUS: Active
  • ON SITE: 132 Days
  • MLS #: 11707670
UPDATED: 142 min ago
$395,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Schiller Park
Type:
Commercial
Built:
1965
County:
Cook
Area:
Schiller Park

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Description

PRICE REDUCED BY $100K! 8,000 sf office/tech building with parking available for sale NEAR O'HARE! This is a great opportunity to acquire a property with value-add potential. The property is ideally located for a variety of uses with close proximity to O'Hare airport, highway access, onsite parking, and more. The current In-Place Cap Rate is 8.25% with a Proforma CAP Rate of 12.55% at Full Occupancy. There is also a 1,000 SF office space available for lease.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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9801 Lawrence Avenue Schiller Park, IL 60176

  • Price: $395,000
  • Status: Active
  • On Site: 132 Days
  • Updated: 142 min ago
  • MLS #: 11707670
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1965
Built
Neighborhood:
Schiller Park
County:
Cook
Area:
Schiller Park
Property Description
PRICE REDUCED BY $100K! 8,000 sf office/tech building with parking available for sale NEAR O'HARE! This is a great opportunity to acquire a property with value-add potential. The property is ideally located for a variety of uses with close proximity to O'Hare airport, highway access, onsite parking, and more. The current In-Place Cap Rate is 8.25% with a Proforma CAP Rate of 12.55% at Full Occupancy. There is also a 1,000 SF office space available for lease.
Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Approximate Age 26-35 Years Building Area Total 8000 Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Smoke Or Fire Protectors Geographic Locale O'hare Gross Income 115200 Gross Scheduled Income 115200 Leasable Area 8000 Mls Actual Status Active Net Operating Income 32611 Number Of Tenants 3 Operating Expense 82589 Property Offered For Sale Only Property Sub Type Other Tax Annual Amount 51561 Tax Year 2021 Tenant Pays Other Type Office/Tech

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Strauss Realty Ltd: 773-736-3600.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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