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5100 FAIRVIEW Avenue Downers Grove, IL 60515
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Key Details
Sold Price $292,500
Property Type Commercial
Sub Type Office/Tech
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $97
MLS Listing ID 10101430
Sold Date 06/07/19
Year Built 1922
Annual Tax Amount $4,725
Tax Year 2017
Lot Dimensions 50X150
Property Description
EXCELLENT INVESTOR OPPORTUNITY IN DOWNERS GROVE. THE TWO STORY 3000 SQ FT BUILDING IS LOCATED ON A CORNER LOT OF A MAJOR THOROUGHFARE ACROSS FROM METRA STATION AND CENTRALLY LOCATED IN THE FAIRVIEW COMMERCIAL DISTRICT, OFFICES, STORES, RESTAURANTS, PEPPERIDGE FARM INDUSTRIAL BAKERY & MORE. THIS IS A SOLID ALL BRICK BUILDING WITH A FULL BASEMENT FOR EXTRA STORAGE, PARKING FOR UP TO 10 CARS. LOCATED IN COMMERCIALLY VIABLE DOWNERS GROVE. EXCELLENT OPPORTUNITY FOR A DAY CARE, EDUCATIONAL/TUTORING FACILITY, BOUTIQUE, LEGAL/ACCOUNTING OFFICES, CUSTOMER SERVICE/ CALL CENTER, NON PROFIT/ FOUNDATION FACILITY. THE BUILDING FEATURES OPEN WORKSPACE, LARGE CONFERENCE ROOMS, INDIVIDUAL OFFICES, NEWLY FINISHED HARDWOOD FLRS UNDER CARPET. BUILDING HAS $40,000 IN IMPROVEMENTS INCLUDING NEW ROOF AND TUCKPOINTING. THIS SECURE BUILDING HAS ON SITE PARKING PLUS ADDITIONAL CITY PARKING. CURRENT RENTAL INCOME FROM SECOND OFFICE SPACE IS $1100/MONTH. DOWNSTAIRS SPACE IS AVAILABLE TO RENT. PROPERTY SOLD "AS IS
Location
State IL
County Du Page
Zoning OFFIC
Interior
Cooling Central Air
Flooring Carpet, Parquet, Wood
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Read Less
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Bought with Laura Tauber • Coldwell Banker Realty
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