Office Condo
For Sale
Contact for pricing
1043 S YORK Road #106B, Bensenville, IL 60106
The vacant unit is within a condominium property and can be accessed using a SentriLock keybox.
Property Size54,000 SF
Price / SF$0.55
Days on Market209
Property Features for 1043 S YORK Road #106B
General Information
Standard status
Active
Size
54,000 SF
Property subtype
Commercial
Zoning
OFFIC
Additional Details
Condition
Newly Renovated
Property Use
Office
Taxes and HOA fees
Annual Taxes
$393
Building Details
Building Size
54,000 SF
Year Built
1975
Stories
7
Units
27
Listing Agency:
Evergreen Real Estate
Listed By:
Jim Cee · License #471016440
(630) 584-7730
Source:
Fishmangroup
Added: Apr 4
Changed: Oct 25
Last Checked: Oct 26 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Evergreen Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office unit 106B is vacant within a condominium property. Its interior is described as entirely new, and the property carries OFFIC zoning. The building dates to 1975.
The unit is at 1043 S York Road in Bensenville, Illinois. A SentriLock keybox provides access for showings.
The unit is at 1043 S York Road in Bensenville, Illinois. A SentriLock keybox provides access for showings.
Key Highlights
- Vacant office condominium unit, identified as 106B
- OFFIC zoning
- Building completed in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$744,571
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,891,420
$14.9M
Cap Rate 7%
$10,636,729
$10.6M
Cap Rate 9%
$8,273,011
$8.3M
Market Conditions
NOI Build-Up for 54,000 SF
Gross rent
$1.32M $24.48/SF
− Vacancy
−$329.2K −$6.10/SF
EGI
$992.8K $18.38/SF
− OpEx
−$248.2K −$4.60/SF
NOI
$744.6K $13.79/SF
Area
DuPage County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,891,420
Cap Rate 7%
$10,636,729
Cap Rate 9%
$8,273,011
Alternative Uses
Best Use
Office B
$10.64M
$9.31M – $12.41M
NOI $744,571 @ 7.0% cap · market cap 2,494.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.64M
$16.31M – $21.75M
NOI $1,305,062 @ 7.0% cap · market cap 4,371.63%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
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Business Placement
Demographics for 60106, IL
20,562
Population
7,704
Households
2.7
Avg Household Size
38
Median Age
21%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
2,211
Density / Sq Mi
$78,027
Median Household Income
$43,352
Median Earnings
$1,379
Median Rent
$265,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The vacant unit is within a condominium property and can be accessed using a SentriLock keybox.
Where is this office unit located?
The property is located at 1043 S YORK Road #106B Bensenville, IL.
What are key features of this property?
This property features: Vacant office condominium unit, identified as 106B; OFFIC zoning; Building completed in 1975
