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    Well-Maintained Office Condo For Sale Title is generated by Realmo AI

    4906 Main St., Lisle, IL 60532

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    Office condo featuring individual offices, common areas, and basement storage.

    Type:Office
    Property size:
    1,900 SF
    Price / SF:
    $210/SF
    Added:
    Sep 8, 2024
    Days on Market:
    642
    Last Refresh:
    May 12 at 9:22 pm

    Property Features for 4906 Main St.

    General Information

    Standard status
    Active
    Size
    1,900 SF
    Property subtype
    Office

    Building Details

    Year Built
    1968

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    Listing Contact
    Bob Kalnicky

    Listing agent Bob Kalnicky License #IL 475197624

    Listing office Baird & Warner Plainfield

    Listing date Sep 8, 2024

    Source Crexi

    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 Baird & Warner Plainfield

    HighLights

    • Seven individual offices provide ample private workspace.
    • Common work area and reception area are already in place.
    • Office furniture can be included in the sale.
    • Basement storage offers additional space.
    • Well‑maintained condition.
    • Shared common kitchen and bathrooms.

    Overview

    This well-maintained office condo, totaling 1900 square feet, features seven individual offices, a common work area, and a reception area. Basement storage is available. The building contains two units that share a common kitchen area and bathrooms. Office furniture can be included with the sale.

    Local Financial Insights For Office B

    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 $46.5k $24.48
    − Vacancy −$11.6k −$6.10
    EGI $34.9k $18.38
    − OpEx −$8.7k −$4.60
    NOI $26.2k $13.79
    1,900 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $374.3K
    $327.5K – $436.6K (±1% cap)
    NOI $26,198 @ 7.0% cap · market cap 6.57%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $656.0K
    $574.0K – $765.3K (±1% cap)
    NOI $45,919 @ 7.0% cap · market cap 11.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    IVO Inc Tech Support Center Select Church Insurance ... Insurance Agency Select Offices, LLC Real Estate Agency Gabmaster Photography Studio Photography Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lisle
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0748891
    Latitude
    41.796718

    FAQs

    What type of property is this?
    Office units - Office condo featuring individual offices, common areas, and basement storage.
    Where is this office units located?
    The property is located at 4906 Main St. Lisle, IL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Seven individual offices provide ample private workspace.; Common work area and reception area are already in place.; Office furniture can be included in the sale.
    More about this property
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