Pending
1348-1356 W Army Trail Road
Carol Stream IL, 60188
$1,250,000
$229.36 per sqft
Pending
5,450 sqft
Commercial
Courtesy of American Star Realty
Prime Investment Opportunity: Fully Occupied Strip Mall in Carol Stream-- Steady Income: The property is fully leased, ensuring a consistent and reliable income stream from established tenants.... High Visibility: Located in a high-traffic area, the strip mall benefits from excellent visibility and accessibility, attracting a steady flow of customers.... Strong Market: Carol Stream is a vibrant community with a robust local economy, making it an ideal location for retail businesses.... Quality Tenants: The tenant mix includes well established local businesses, providing a diverse and balanced tenant profile..... Investment Benefits: Attractive Cap Rate: An approximately 7% cap rate offers a strong return on investment...... Turnkey Investment: With full occupancy, investors can enjoy immediate cash flow without the need for extensive leasing efforts....... Potential for Growth: The thriving local economy and high demand for retail space in Carol Stream present opportunities for rental growth and property value appreciation..... Additional Features: Ample Parking: The strip mall provides ample parking for customers, enhancing convenience and foot traffic for tenants...... Well-Maintained Property: The property has been well-maintained, reducing the need for immediate capital expenditures and ensuring a smooth transition for the new owner......
12079505
MLSⓇ ID
June 11, 2024
Listed
November 25, 2024
Updated
Map
1348-1356 W Army Trail Road
Carol Stream IL, 60188
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Individual
Heating
No
Exterior/Building Features
Lot Size
0.71 Acres
Other Property Details
Area Name
Carol Stream
Taxes
$21,350
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
DuPage
Pool
No
Zoning
COMMR
Listing History
Date | Event | Price |
|---|---|---|
6/17/2024 | Pending | — |
Courtesy of American Star Realty, Pradeep Shukla,
Listing Contact: 847-375-9293
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Based on information submitted to the MLS GRID for MRED 11/25/2024. 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.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 5:01 PM UTC, 11/25/2024
