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7-Unit Office Building

511 East North Street, Bradley, IL 60915

For Sale
New
$1,500,000

A single-story office property offers on-site parking and a wet-pipe sprinkler system.

Property Size21,600 SF
Lot Size2.75 Acres
Price / SF$69.44
Days on Market3

Property Features for 511 East North Street

General Information

Standard status Active
Size 21,600 SF
Class B
Lot size 2.75 Acres
Property subtype Multi Tenant Office

Additional Details

Sprinkler System Yes
Office Units 7
Property Use Office

Building Details

Building Size 21,600 SF
Year Built 1987
Year Renovated 2019
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: McColly Bennett Real Estate
Listed By: Buck Tamblyn · License IL #475131086
Source: Thebrokerlist
Added: Nov 12 Last Checked: Nov 12 at 2:33PM

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 McColly Bennett Real Estate

Rey
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Investment Insights

Based on property information with market context.

The single-story office building at 511 East North Street in Bradley contains 21,600 square feet across seven units. Improvements were remodeled and updated in 2019, and the property has a full wet-sprinkler system, building signage, and on-site parking. The site encompasses 2.75 acres.

Key Highlights

  • 21,600 SF office building with 7 units
  • 2.75‑acre property at 511 East North Street in Bradley, IL
  • Remodeled and updated in 2019

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hospice Dreams Nursing Home

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Catering Service Computer & Electronic Repair Tech Support Center

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

7
Office units
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby

Demographics for 60915, IL

10,128
Population
4,274
Households
2.4
Avg Household Size
38
Median Age
9%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
2,979
Density / Sq Mi
$55,773
Median Household Income
$37,979
Median Earnings
$1,106
Median Rent
$143,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - A single-story office property offers on-site parking and a wet-pipe sprinkler system.
Where is this office building located?
The property is located at 511 East North Street Bradley, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 21,600 SF office building with 7 units; 2.75‑acre property at 511 East North Street in Bradley, IL; Remodeled and updated in 2019
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