Bartlett, IL 60103 1048-1054 Norwood Lane
$1,350,000
11 more
Presented By: Keller Williams Inspire
SQFT • 5,239
Home Details
Investor Opportunity. Long term Tenants anchored by Advocate Medical, 5,239 sq ft Single Story Building. Built in 1996 with recent Capital Improvements of New Roof 2023, and 3 AC Units. Located along Rt 59 Corridor with high traffic counts and Strong Financial Demographics. 100% Occupancy with Leases extended at 3% escalation. Surrounded by commercial and residential growth.
Presented By: Keller Williams Inspire
General for 1048-1054 Norwood Lane
Additional Parcels Y/NNo
Cap Rate6
CityBartlett
Construction MaterialsBrick
CoolingCentral Air
CountyDuPage
Current UseCommercial, Medical/Dental
DirectionsRt 59 North of Stearns to Norwood Lane (Dunkin Donuts and McDonalds)
ElectricService - 101 to 200 Amps
Gross Income142245
Leasable Area5239
Lease TypeModified Gross
Lot Size Square Feet33300
MLS AreaBartlett
ModificationTimestamp2025-10-21T21:55:02.183Z
Net Operating Income82245
Number Of Units Total2
Operating Expense36389
Property SubtypeBusiness
Property TypeCommercial Sale
Property TypeOffice/Tech
RoofComposition
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount23611
Tax Year2024
TownshipWayne
Year Built1996
ZoningOFFIC
Exterior for 1048-1054 Norwood Lane
Building Area Total5239
Lot Dimensions180 x 186
Lot Size Acres0.76
Additional Details
Price History
