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Remodeled Office Building with Basement
New
For Sale
$850,000

394 W Indiana Ave, Beecher, IL 60401

The building can be configured as four electrical units and includes lower-level office space with a walk-out basement.

Property SizeContact for details
Lot Size1.61 Acres
Days on Market6

Property Features for 394 W Indiana Ave

General Information

Standard status Active
Lot size 1.61 Acres
Zoning B3

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $14,497

Building Details

Year Renovated 2010
Listing Agency: Village Realty, Inc.
Listed By: Heidi Singler · License #475173714
Source: Exprealty
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 4 at 2:09PM

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 Village Realty, Inc.

Investment Insights

Based on property information with market context.

This office building in Beecher was remodeled in 2010 and includes office space on the lower level, accessed by a walk-out basement. Its electrical setup supports division into four separate units. The existing tenant occupies the upper unit under a four-year lease with three years remaining.

The property occupies a 1.61-acre double lot and has a private side drive accessed through an easement. It is within city limits, with natural gas and water available. Water and sewer connections have been installed and paid for. Zoning is PUD, with a B3 classification intended to accommodate a range of commercial retail establishments.

Key Highlights

  • 1.61‑acre double lot
  • Electrical setup allows division into four separate units
  • Walk‑out basement with lower‑level office space

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Locksmith Grocery & Convenience Store Pharmacy Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 60401, IL

8,156
Population
3,152
Households
2.6
Avg Household Size
44
Median Age
20%
College-Educated
94%
High-School Grad
56.7 sq mi
ZIP Area
144
Density / Sq Mi
$92,279
Median Household Income
$46,497
Median Earnings
$1,078
Median Rent
$239,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - The building can be configured as four electrical units and includes lower-level office space with a walk-out basement.
Where is this office building located?
The property is located at 394 W Indiana Ave Beecher, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1.61‑acre double lot; Electrical setup allows division into four separate units; Walk‑out basement with lower‑level office space
More about this property
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