Elmhurst, IL 60126 253 N York Street # 251-257
$975,000
12 more
Presented By: Berkshire Hathaway HomeServices Prairie Path REALT
SQFT • 5,000
Home Details
5 unit Retail/Office building across the street from Elmhurst 255, featuring 192 luxury apts. & 12,000sf of new retail in the heart of Elmhurst's Central Business Core District. Great customer base for existing tenants in this fully occupied building. Existing tenants are all long term in this building making for a great "Arm Chair" investment. Separately metered units for gas & electric and tenant sharing cost of water (2 meters - 1st and 2nd floor) and garbage make for low cost of ownership after taxes. Located in TIF district offering future development potential as well. 20 car on site parking in the rear and city parking in front along York, plus city municipal parking garage across the street. Great highway and Metra train accessibility.
Presented By: Berkshire Hathaway HomeServices Prairie Path REALT
General for 253 N York Street # 251-257
Additional Parcels Y/NNo
Assoc Fee Paid PerNot Applicable
Cap Rate6.5
CityElmhurst
Construction MaterialsBrick, Block
ContingencyAttorney/Inspection
CoolingCentral Individual
CountyDuPage
Directionsjust south of North Ave. east side of York
ElectricCircuit Breakers, Separate Meters
Gross Income8530
Insurance Expense4528
Leasable Area5000
Lot Size Square Feet8250
MLS AreaElmhurst
Net Operating Income63396
Number Of Units Total5
Operating Expense38964
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount22715
Tax Year2025
Tenant PaysAir Conditioning, Electricity, Heat, Scavenger, Sewer
TownshipYork
Unit Number251-257
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected
Water Sewer Expense702
Year Built1977
ZoningCOMMR
Exterior for 253 N York Street # 251-257
Building Area Total5000
Frontage TypeCity Street
Lot Dimensions50X165
Water SourceMunicipal Water
Additional Details
Price History
