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1300 E Irving Park Rd Streamwood, IL 60107

For Sale
$2,750,000

Two-story building with commercial kitchen on 2.37 acres.

Lot size:
2.37 Acres

Property Features for 1300 E Irving Park Rd

General Information

Lot size
2.37 Acres

Source: iReal Estate Commercial Agent Guzel Lubinski

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Streamwood Two-Story Commercial Building

This two-story building, originally constructed as a bank, offers an investment opportunity in Streamwood, Illinois. The building spans approximately 16,708 square feet with a basement, situated on a 2.37-acre lot. The first floor has been converted into a venue featuring a fully equipped commercial kitchen and a banquet hall with an occupancy of 250, currently occupied by a tenant on a month-to-month basis. The second floor, previously leased by an attorney, a hair salon, a media company, and a dance studio, is currently vacant. The property is located on Irving Park Road, providing convenient access to I-290 and I-90. Benefits include visibility, high traffic counts (28,309 DTV), and a large monument sign. The surrounding area includes national and local retail centers, shops, restaurants, and corporate businesses. The pro-forma NOI is $190,511 if the building is 100% occupied, presenting a potential value-add investment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Sai Banquet Banquet Hall AAA Medical Rapid ... Medical Laboratory Yakaira Network Shared-Use Commercial Kitchen Bluebird Store Oil Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Streamwood
County
Cook
State
Illinois
Longitude
-88.1532861
Latitude
42.0085681

FAQs

What type of property is this?
Bank - Two-story building with commercial kitchen on 2.37 acres.
Where is this bank located?
The property is located at 1300 E Irving Park Rd Streamwood, IL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: - High-traffic location on Irving Park Rd with 28,309 DTV, offering excellent visibility and monument signage.; - Value-add investment opportunity with potential for $190,511 pro-forma NOI at 100% occupancy.; - Large 16,708 sq ft building on 2.37 acres in affluent Streamwood, IL.
More about this property
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