Property Listing No Longer Available for Sale

275 - 281 W Elk Trail Rd, Carol Stream, IL

Retail for Sale - $1,675,000 - 16,299 Sq. Ft. on 1.93 acres


Property Info

CIMLS#1032353
Location
  275 - 281 W Elk Trail Rd
  Carol Stream IL 60188
UpdatedFebruary 6th, 2019
TypeRetail
Price$1,675,000
Building16,299 Sq. Ft.
Land1.93 acres

Property Description

* 92% Leased Neighborhood Retail Center.

* Value-Add Opportunity!!!

* Internet Proof Tenant Line-Up.

* Outstanding Frontage, Visibility, & Accessibility.

* Close Proximity to Glenbard North High School, Western Trails Elementary School, Stratford Square Mall, Ample Restaurants & Entertainment Venues.

* Site is Located on Busy Pace Bus Route.

* Retail Center within Walking Distance from Carol Stream's Largest Community Park.

* Monumental Street Signage.

* Ample Residential Rooftops Surround the Site.

* Over 254,400 People Living Within 5 Mile Radius.

* Average Annual Household Income in Excess of $107,062 within 5 Mile Radius.

* Situated in Favorable DuPage County.

* Well-Below Replacement Cost.

* Priced at 9.5% Cap Rate!!!


Financials



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