Bartlett, IL 60103 1048-1054 Norwood Lane
$1,285,000
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. Full occupancy with Leases extended at 3 per escalation. Surrounded by commercial and residential growth.
Presented By: Keller Williams Inspire
General for 1048-1054 Norwood Lane
Additional Parcels Y/NNo
Cap Rate8.25
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 Income148680
Leasable Area5239
Lease TypeModified Gross
Lot Size Square Feet33300
MLS AreaBartlett
Net Operating Income105969
Number Of Units Total2
Operating Expense42711
Property SubtypeBusiness
Property TypeCommercial Sale
Property TypeOffice/Tech
RoofComposition
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount23611
Tax Year2024
Tenant PaysAll Utilities
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
