Mixed-Use Space with Reception
For Sale
Contact for pricing
350 N York Street #1, Elmhurst, IL 60126
First-floor premises combine an open work area, private rooms, and a kitchen.
Property Size1,390 SF
Price / SF$0.02
Days on Market24
Property Features for 350 N York Street #1
General Information
Standard status
Active
Size
1,390 SF
Property subtype
Commercial
Additional Details
Floor
1
Amenities
welcoming reception area
spacious open-concept area
multiple private rooms/offices
convenient kitchen area
Building Details
Year Built
1961
Listing Agency:
Avenue 1 Realty Group
(773) 622-4663
Listed By:
Ronald Ohr · License #475103671
(312) 719-9090
Source:
Helenoliveri
Added: Oct 6
Changed: Oct 29
Last Checked: Oct 28 at 6:43AM
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 Avenue 1 Realty Group
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Investment Insights
Based on property information with market context.
Located on the first floor, this 1,390-square-foot mixed-use space dates to 1961. Its layout includes a reception area, an open central space, multiple enclosed rooms, and a kitchen area, providing a mix of shared and separated interior areas.
The property is at 350 N York Street in Elmhurst, Illinois. The configuration includes space for reception, open use, private offices or rooms, and kitchen functions.
The property is at 350 N York Street in Elmhurst, Illinois. The configuration includes space for reception, open use, private offices or rooms, and kitchen functions.
Key Highlights
- 1,390 square feet on the first floor
- Reception area, open central space, multiple private rooms, and kitchen area
- Built in 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,293
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,860
$385.9K
Cap Rate 7%
$275,614
$275.6K
Cap Rate 9%
$214,367
$214.4K
Market Conditions
NOI Build-Up for 1,390 SF
Gross rent
$30.0K $21.60/SF
− Vacancy
−$2.5K −$1.77/SF
EGI
$27.6K $19.83/SF
− OpEx
−$8.3K −$5.95/SF
NOI
$19.3K $13.88/SF
Area
DuPage County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,860
Cap Rate 7%
$275,614
Cap Rate 9%
$214,367
Alternative Uses
Best Use
Mixed Use
$335.1K
$293.2K – $390.9K
NOI $23,456 @ 7.0% cap · market cap 97,733.33%
Second Best
Retail
$275.6K
$241.2K – $321.6K
NOI $19,293 @ 7.0% cap · market cap 80,387.50%
Theoretical Best
Office A
$479.9K
$419.9K – $559.9K
NOI $33,593 @ 7.0% cap · market cap 139,970.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,975
Businesses Nearby
179k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 27%
Groceries 20%
Electronics 2%
Jewel-Osco
Groceries
36,548 visits/mo
0.4 miles
Thorntons
Shops & Services
25,804 visits/mo
0.4 miles
Culver's
Dining
15,330 visits/mo
0.3 miles
Panera Bread
Dining
15,301 visits/mo
0.2 miles
Buffalo Wild Wings
Dining
13,178 visits/mo
0.4 miles
Demographics for 60126, IL
48,147
Population
18,687
Households
2.6
Avg Household Size
41
Median Age
62%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
4,299
Density / Sq Mi
$143,333
Median Household Income
$76,258
Median Earnings
$1,890
Median Rent
$527,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor premises combine an open work area, private rooms, and a kitchen.
Where is this mixed-use property located?
The property is located at 350 N York Street #1 Elmhurst, IL.
What are key features of this property?
This property features: 1,390 square feet on the first floor; Reception area, open central space, multiple private rooms, and kitchen area; Built in 1961
