300 W Lake St
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300 W Lake St
27,656 SF 100% Leased Retail Building Elmhurst, IL 60126 $4,309,350 CAD ($156 CAD/SF) 7.30% Cap Rate
Executive Summary
Great Mixed Use Retail / Office Building (C-3 Zoning) on Lake St in Elmhurst. 100% occupied at a 7.3 cap rate. 50 parking spaces on site. Minutes to downtown Elmhurst, 290, 294, 83, North and York. Great long term tenants including DeForest Dance Studio, DeForest Creative Group, Elmhurst Chamber of Commerce, Dipsy Desserts and more.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
27,656 SF
Building Class
B
Year Built
1972
Price
$4,309,350 CAD
Price Per SF
$156 CAD
Cap Rate
7.30%
NOI
$314,583 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
1.17 AC
Zoning
C - Commercial
Parking
50 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
200 ft on Lake street
Amenities
- Property Manager on Site
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $382,498 CAD | |
Land Assessment | $318,878 CAD | Total Assessment | $701,375 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$318,878 CAD
Improvements Assessment
$382,498 CAD
Total Assessment
$701,375 CAD
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300 W Lake St
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