Property Listing No Longer Available for Sale

100 South Main Street, Elburn, IL

Office for Sale - $420,000 - 4,737 Sq. Ft. on 24829 acres


Property Info

CIMLS#167659
Location
  100 South Main Street
  Elburn IL 60119
UpdatedDecember 13th, 2011
TypeOffice
Price$420,000
Building4,737 Sq. Ft.
Land24829 acres

Property Description

Marcus & Millichap is pleased to present 100 South Main Street office building located in Elburn, Illinois. Elburn is located in the west suburbs, part of Kane County, and is situated 46 miles west of the Chicago Loop with Metra train services on the Union-Pacific-West Line.

The subject property is currently 92 percent occupied by professional services. There is still one suite available, totaling 309 square feet. This property has always had a high historical occupancy rate and is perfect for investors who are seeking additional income when fully occupied.

Location Description:

Elburn is an innovative community that maintains small town values while constantly improving the appearance and restoring the historic character of downtown Elburn. This community is known to support and promote their businesses while welcoming new opportunities which enable the village to be the ideal place to live, work, play and worship. The city of Elburn has grown over 67 percent from the 2000 Census and the median household income is estimated to be $100,573 compared to the average cities in Illinois, which were estimated to be $53,996 as of the year 2009.

Highlights:

>> Close to St. Charles, Batavia, Geneva and Aurora

>> Add-Value Through Leasing

>> 93 Percent Occupied Office Complex

>> Outstanding Opportunity for a User / Buyer

>> High Historical Occupancy Rate

>> Kane County Taxes

>> Close to Restaurants, Stores, Offices, Banks and Train

>> Rare Find

* Email for additional photos


Financials

Sales Info:

>> NOI: $32034.0


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