381 South Schmale Road, Carol Stream, IL
Office for Sale - $447,000 - 7,640 Sq. Ft.

Property Info
| CIMLS# | 204850 |
| Location 381 South Schmale Road Carol Stream IL 60188 | |
| Updated | February 28th, 2012 |
| Type | Office |
| Price | $447,000 |
| Building | 7,640 Sq. Ft. |
Property Description
Marcus & Millichap is pleased to present 381 South Schmale, a 2,500 square foot medical office condo complex located in Carol Stream, Illinois. This property is currently 100 percent occupied by Central DuPage Physician Group an affiliate of Central DuPage Hospital. This medical office condo is located at Mona Kea Medical Park where a community of professionals is within walking distance from each other. Central DuPage Physician Group has occupied this space for over 30 years and has a large number of clients in this area. This is a great opportunity for investors who are seeking a good return on their investment.
Location Description:
This well maintained medical office condo is located in the heart of Carol Stream, walking distance from banks, stores, restaurants and other businesses. This property is architecturally well designed from every detail inside and out. This is a free-standing medical office maintained by the condo association.
The Village of Carol Stream offers modern schools, a large park district with state of the art facilities, a modern library and churches of several denominations. Carol Stream is a village in DuPage County, Illinois where investors can benefit from low real estate taxes. This is a great place to live, work and play.
Highlights:
>> Outstanding Opportunity for Investors
>> High Historical Occupancy Rate
>> DuPage County Taxes
>> Located in Carol Stream, Illinois
>> High Traffic Count
>> Close Proximity to Banks, Restaurants, Offices and Stores
>> Low Maintenance
>> Easy Access to Highway
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Financials
Sales Info:
>> Cap rate: 9.02%
>> NOI: $40313.0
