345-351 W North Avenue
345-351 W North Avenue
345-351 W North Avenue
345-351 W North Avenue
345-351 W North Avenue
SEE ALL PHOTOS
345-351 W North Avenue
345-351 W North Avenue
345-351 W North Avenue
345-351 W North Avenue
345-351 W North Avenue
Listed by Sabrina Glover with Platinum Partners Realtors 630-523-9989
Active Under Contract

345-351 W North Avenue

345-351 W North Avenue, Villa Park, IL 60181

$2,200,000
Three income streams and prominent North Ave frontage anchor this commercial investment opportunity, bringing together 2 properties on 1.29 acres. The offering includes a 3,900 SF restaurant building, a 1,220 SF automotive dealership building and an income producing billboard, with reported combined annual rental income of $162,406. The restaurant tenant, automotive dealership tenant and billboard provide diversified rental income within an established commercial corridor surrounded by retail, dining and neighborhood businesses. The combined 56,221 SF site pairs reported rental income with potential future rental growth as lease terms and market conditions allow. Longer term repositioning or redevelopment may offer additional possibilities, subject to zoning and municipal approvals. North Ave visibility and multiple revenue sources make this offering a compelling option for investors seeking current rental income and future potential.

5,120 Sq.Ft. LIVING AREA

1.29 Acres lot

image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 345-351 W North Avenue, Villa Park, IL 60181. We are reviewing your request and will be in touch shortly!
Sabrina Glover

Sabrina Glover

Features & Amenities

Area & Lot

  • Status Active Under Contract
  • Living Area5,120 Sq.Ft.
  • Total Area5,120 Sq.Ft.
  • Lot Area1.29 Acres
  • MLS® ID12786969
  • TypeCommercial
  • YEAR BUILT1979
  • NeighborhoodVilla Park

Exterior

  • STORIES1
  • AIR CONDITIONINGCentral Air

Financial

  • Sales Price$2,200,000
  • Real Estate Tax $31,378/yr
  • Zoning COMMR

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
All estimates are provided for informational purposes only. Actual amounts may vary.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Villa Park

The Garden Village The Village of Villa Park is an "inner" western suburb of Chicago near the hub of eastern DuPage County’s busiest transportation corridor, just five miles from O’Hare International Airport and within 25 miles of Midway International Airport. Just 19 miles directly west of Chicago’s “Loop,” Villa Park provides direct access to downtown Chicago by car or Metra train and is very convenient to both O’Hare and Midway Airports and the rest of the western suburbs.

Explore

Work With Us

Whether you are a first-time home buyer or a seasoned buyer/seller, we will guide you through the process explaining the facts of the current market.

Follow Us on Instagram