231 Grand Ave Bensenville, IL 60106-3396
- Commercial real estate
- 12,664 SF
- 0.81 lot acres
Current Use by Public Records
- Brandt Technologies LLC / Industrial Chemicals Wholesaler / Chemical Wholesaler
Property Details for 231 Grand Ave
- Year built
- 1981
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.81 lot acres
- Property size
- 12,664 SF
- Zone code
- C
- Property type
- Commercial real estate
- APN
- 03-26-102-019
- APU
- 326102019
Description
This exceptional Bensenville, IL office building presents a compelling investment or owner-user opportunity. The 12,400 square foot, two-story building, constructed in 1980, sits on a 0.81-acre lot and boasts 100% occupancy with two tenants. Generating a strong net operating income (NOI) of $112,981, this stabilized asset offers immediate cash flow. Located at 231 W Grand Ave, the property benefits from excellent visibility and accessibility, with convenient access to Route 83 and York Road. The Class B building provides a multi-tenant configuration, ideal for investors seeking a diversified income stream or owner-users looking for a substantial space. The property's prime location in DuPage County offers a wealth of nearby amenities, including numerous dining options. This is a rare opportunity to acquire a well-maintained, fully leased commercial property in a desirable location. The property's strong financial performance, coupled with its strategic location, makes it an attractive investment for both seasoned investors and owner-users. DuPage County taxes apply.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $535,000
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Location Insight
- Map
- Local Demand
- City
- Bensenville
- County
- Dupage
- State
- Illinois
- Longitude
- -87.9499
- Latitude
- 41.9316
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA