18 W Burlington Ave, La Grange, IL
Multi-tenant retail/office building with parking available.
- Added:
- May 7, 2024
- Days on Market:
- 773
- Last Refresh:
- May 20 at 8:53 pm
Property Features for 18 W Burlington Ave
General Information
- Standard status
- Active
- Size
- 6,370 SF
- Lot size
- 0.15 Acres
- Property subtype
- RETAIL
Properties For Sale
at 18 W Burlington Ave Contact usListing agent Ryan Freed (630) 853-5255
Listing office Lee & Associates | Chicago (630) 853-5255
Listing date May 7, 2024
Source Moodyscre
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 Lee & Associates | Chicago
HighLights
- Multi‑tenant retail/office building
- 3 spots plus street parking
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.6k | $21.60 |
| − Vacancy | −$11.3k | −$1.77 |
| EGI | $126.3k | $19.83 |
| − OpEx | −$37.9k | −$5.95 |
| NOI | $88.4k | $13.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- La Grange
- County
- Cook
- State
- Illinois
- Longitude
- -87.8692
- Latitude
- 41.805
