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    180 8 St West Dundee, IL 60118

    Sponsored
    For Sale
    $985,000

    Prime West Dundee Office, 5,788 SF, 100% Occupied

    Property size:
    5,788 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,788 square foot creative office building in West Dundee, Illinois, presents a compelling investment opportunity. Located at 180 S 8th St, 60118, this single-story, 1987-built property sits on a 0.96-acre lot (APN 03-22-376-020) and is zoned B3, allowing for diverse business uses. Currently boasting 100% occupancy, this asset offers an immediate return on investment. The building features a full-height basement adding an additional 2,650+ square feet of usable space. Its prime location within a well-established West Dundee business district ensures high visibility and accessibility. Meticulously maintained, the property is adaptable to various business needs and presents significant potential for future growth and expansion. The building's timeless appeal and strong foundation make it an attractive addition to any investment portfolio. This is a rare opportunity to acquire a fully occupied, high-performing commercial property in a desirable location. The property's strong occupancy rate and versatile zoning make it an ideal investment for both short-term and long-term growth.

    Property Features for 180 8 St

    General Information

    Property type
    Office space
    Square Feet
    5,788 SF
    Lot Size
    41,818 SF

    Building Details

    Year Built
    1987
    Buildings
    1
    Stories
    1

    HighLights

    • $985,000 asking price for a 5,788 square foot creative office building.
    • Located at 180 S 8th St, West Dundee, IL 60118, on a 0.96‑acre lot (APN: 03‑22‑376‑020).
    • Single‑story, 1987‑built building with B3 zoning.
    • 100% occupancy, offering immediate return on investment.
    • Features a full basement adding approximately 2,650 square feet of space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    West Dundee
    County
    Kane
    State
    Illinois
    Longitude
    -88.2875952
    Latitude
    42.0972728

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    FAQs

    What type of property is this?
    Office space - Prime West Dundee Office, 5,788 SF, 100% Occupied
    Where is this office space located?
    The property is located at 180 8 St West Dundee, IL.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: $985,000 asking price for a 5,788 square foot creative office building.; Located at 180 S 8th St, West Dundee, IL 60118, on a 0.96-acre lot (APN: 03-22-376-020).; Single-story, 1987-built building with B3 zoning.
    Request Owner's contact information
    180 8 St West Dundee, IL 60118
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    West Dundee, IL 60118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    180 8 St West Dundee, IL 60118
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