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    301 Railroad Ave Bartlett, IL 60103

    Sponsored
    For Sale
    $675,000

    Multi-tenant office, 6,140 SF, 100% occupied.

    Property size:
    6,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This freestanding, single-story Class B office building, located at 301 W Railroad Ave, Bartlett, IL 60103, presents a compelling investment opportunity. The 6,140 square foot building sits on a 0.44-acre lot and boasts a 100% occupancy rate, generating strong rental income. Built in 1985, the property features a 14-foot clear height and a flexible layout suitable for diverse tenant needs. Its B-1 zoning allows for a range of commercial uses. The building's prime location in Bartlett offers excellent visibility and convenient access to major roadways, including IL-59, and the Metra train station. Situated within a mixed-use community, the property benefits from nearby residential areas and local businesses, contributing to a robust commercial environment. The property's strong potential for rental income, strategic location, and current high occupancy make it an attractive addition to any real estate portfolio. The Cook County Assessor's Parcel Number (APN) is 06-34-407-021-0000.

    Property Features for 301 Railroad Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,140 SF
    Class
    B
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    HighLights

    • 6,140 SF single‑story Class B office building on a 0.44‑acre lot in Bartlett, IL.
    • 100% occupancy generating strong rental income.
    • Built in 1985, features a 14‑foot clear height and flexible layout.
    • B‑1 zoning allows for diverse commercial uses.
    • Excellent visibility and convenient access to IL‑59 and Metra.
    • Located in a mixed‑use community with strong surrounding demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motion Works Physical ... Physical Therapy Clinic Domingo Medical Group Medical Group Dance Motions Academy Dance School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Cook
    State
    Illinois
    Longitude
    -88.187666632407
    Latitude
    41.992439523129

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    FAQs

    What type of property is this?
    Individual retail property - Multi-tenant office, 6,140 SF, 100% occupied.
    Where is this individual retail property located?
    The property is located at 301 Railroad Ave Bartlett, IL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 6,140 SF single-story Class B office building on a 0.44-acre lot in Bartlett, IL.; 100% occupancy generating strong rental income.; Built in 1985, features a 14-foot clear height and flexible layout.
    Request Owner's contact information
    301 Railroad Ave Bartlett, IL 60103
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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
    301 Railroad Ave Bartlett, IL 60103
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