Brick Strip Center with Finished Lower
108 1st Street, Bloomingdale, IL 60108
For Sale
New
$1,390,000
The building has established occupants, including an insurance office and a medical and exercise facility.
Property Size3,272 SF
Price / SF$424.82
Days on Market3
Property Features for 108 1st Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Carpet,Concrete
City Street,Public Road,Outer Road Access,Paved
120 X120
0.3306
Concrete Perimeter
3272
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Tenancy
Listing Agency:
(773) 902-0523
Listed By:
Victor Macias
Source:
Prosalesrealty
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 8 at 12:45PM
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 Victor Macias
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Investment Insights
Based on property information with market context.
Built in 1997, this one-story retail center contains 3,272 square feet and has a brick exterior. The interior includes carpet and concrete finishes, with a finished lower level that can be used or leased separately.
Current occupants include a State Farm office and a medical and exercise facility. The property is at 108 1st Street in Bloomingdale, with access from a public paved road.
Current occupants include a State Farm office and a medical and exercise facility. The property is at 108 1st Street in Bloomingdale, with access from a public paved road.
Key Highlights
- 3,272‑square‑foot, one‑story center with a brick exterior
- Finished lower level offers additional space for use or lease
- Current tenants include State Farm and a medical and exercise facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,022
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,440
$920.4K
Cap Rate 7%
$657,457
$657.5K
Cap Rate 9%
$511,356
$511.4K
Market Conditions
NOI Build-Up for 3,272 SF
Gross rent
$71.9K $21.96/SF
− Vacancy
−$6.1K −$1.87/SF
EGI
$65.7K $20.09/SF
− OpEx
−$19.7K −$6.03/SF
NOI
$46.0K $14.07/SF
Area
DuPage County, IL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,440
Cap Rate 7%
$657,457
Cap Rate 9%
$511,356
Alternative Uses
Best Use
Retail
$657.5K
$575.3K – $767.0K
NOI $46,022 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$892.2K
$780.7K – $1.04M
NOI $62,454 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,295
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Groceries 23%
Shops & Services 15%
Beauty & Spa 2%
Portillo's
Dining
33,557 visits/mo
0.3 miles
Angelo Caputo's Fresh Markets!
Groceries
30,650 visits/mo
0.4 miles
McDonald's
Dining
21,458 visits/mo
0.2 miles
Starbucks
Dining
13,619 visits/mo
0.4 miles
Dollar Tree
Shops & Services
10,570 visits/mo
0.2 miles
Demographics for 60108, IL
23,070
Population
9,625
Households
2.4
Avg Household Size
45
Median Age
42%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,118
Density / Sq Mi
$99,868
Median Household Income
$58,317
Median Earnings
$1,607
Median Rent
$367,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - The building has established occupants, including an insurance office and a medical and exercise facility.
Where is this strip mall located?
The property is located at 108 1st Street Bloomingdale, IL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 3,272‑square‑foot, one‑story center with a brick exterior; Finished lower level offers additional space for use or lease; Current tenants include State Farm and a medical and exercise facility
