Freestanding Two-Unit Mixed-Use
110-112 Galena Street, West Chicago, IL 60185
For Sale
$295,000
Separate entrances allow each unit to be occupied independently.
Property Size1,418 SF
Price / SF$208.04
Days on Market223
Property Features for 110-112 Galena Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Public Transit
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
garage
Building Details
Building Size
Year Built
Buildings
Stories
Units
Tenancy
Owner Occupied
Listing Agency:
Daniel And Associates Real Estate
Listed By:
Daniel Czuba · License IL #471003460
(630) 393-1700
Source:
Icandyrealty
Added: Apr 3
Changed: Nov 11
Last Checked: Nov 11 at 2:19AM
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 Daniel And Associates Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding mixed-use property contains two units, each with its own entrance, and includes a garage. Both spaces are vacant and available for rent. The building was constructed in 1848 and carries COMMR zoning.
At 110-112 Galena Street in downtown West Chicago, the property is near Metra service, local shops, dining, parking and public services. Its two addresses and independent entrances provide a practical configuration for separate occupancy.
At 110-112 Galena Street in downtown West Chicago, the property is near Metra service, local shops, dining, parking and public services. Its two addresses and independent entrances provide a practical configuration for separate occupancy.
Key Highlights
- Two‑unit freestanding property with a garage
- Both units are vacant and available for rent
- Separate entrances and dual addresses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,929
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,580
$478.6K
Cap Rate 7%
$341,843
$341.8K
Cap Rate 9%
$265,878
$265.9K
Market Conditions
NOI Build-Up for 1,418 SF
Gross rent
$42.5K $30.00/SF
− Vacancy
−$4.3K −$3.00/SF
EGI
$38.3K $27.00/SF
− OpEx
−$14.4K −$10.13/SF
NOI
$23.9K $16.88/SF
Area
DuPage County, IL
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,580
Cap Rate 7%
$341,843
Cap Rate 9%
$265,878
Alternative Uses
Best Use
Mixed Use
$341.8K
$299.1K – $398.8K
NOI $23,929 @ 7.0% cap · market cap 8.11%
Second Best
Retail
$284.9K
$249.3K – $332.4K
NOI $19,945 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$386.7K
$338.3K – $451.1K
NOI $27,066 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 21%
Home Improvements & Furnishings 4%
Electronics 2%
McDonald's
Dining
24,518 visits/mo
0.4 miles
Burger King
Dining
7,750 visits/mo
0.4 miles
Dunkin' Donuts
Dining
7,473 visits/mo
0.4 miles
Yolk
Dining
5,994 visits/mo
0.4 miles
Citgo
Shops & Services
5,628 visits/mo
0.4 miles
Demographics for 60185, IL
34,775
Population
11,030
Households
3.2
Avg Household Size
37
Median Age
33%
College-Educated
84%
High-School Grad
30.9 sq mi
ZIP Area
1,125
Density / Sq Mi
$105,063
Median Household Income
$41,439
Median Earnings
$1,400
Median Rent
$313,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate entrances allow each unit to be occupied independently.
Where is this mixed-use property located?
The property is located at 110-112 Galena Street West Chicago, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑unit freestanding property with a garage; Both units are vacant and available for rent; Separate entrances and dual addresses
