Active

455 Kehoe Boulevard

Carol Stream IL, 60188

$1,700,000


$47.80 per sqft

Active

35,563 sqft

Commercial

Built in 1979

Courtesy of Sperry Van Ness

The subject property is a single-story, multi-tenant Class C office building with 35,536 SF, well situated in the Park West Business Center industrial park between Gary Avenue and Schmale Road. The building is located in the Village of Carol Stream, in DuPage County. The county has low real estate taxes for the general metro area. Currently 38% occupied, the property has five (5) tenants, including the owner's suite and vacancies totaling 15,717 SF. All of the vacancies are contiguous and can be individual or combined suites. The property is in fair condition and has some deferred maintenance. The roof is older and at the end of its life. There are 12 rooftop HVAC units, two were replaced in 2021 and the remaining are in good, functioning condition. The property is situated on 2.63 acres with a parking lot that surrounds the building on three sides and is in fair condition. Overall the building requires capital improvements primarily with the need to replace the roof in the near future. The asking price takes this work into consideration. A buyer can either occupy the building in full, with the majority of leases shorter term, or can choose to retain some or all of the tenants, including the owner, The Inter-Local Pension Fund. This is ideal as both an owner/user building or a value-add investment opportunity and historically has had strong occupancy. Units ranging from 582-10,000 SF available for lease featuring a wide open area. Private entrances. Move-in ready condition. No loss factor. Ideal for small companies and a work-from-home alternative. The property offers great parking and on-site management.

11911504

MLS ID

October 18, 2023

Listed

February 19, 2025

Updated

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Individual


Heating

No

Exterior/Building Features

Lot Size

2.63 Acres

Other Property Details

Area Name

Carol Stream


Taxes

$46,130


Tax Frequency

Annually


Days on Market

220


Garage

No


View

No


County

Du Page


Municipality

Bloomingdale


Pool

No


Zoning

OFFIC

Courtesy of Sperry Van Ness, Olivia Czyzynski,
Listing Contact: 312-676-1866 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Glover Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 2/19/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 10:16 PM UTC, 2/19/2025

 

 

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