6335 Joliet Rd Countryside, IL 60525
- Office Properties & Spaces
- 8,000 SF
- 0.43 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 6335 Joliet Rd
- Year built
- 1983
- Lot size
- 0.43 lot acres
- Property size
- 8,000 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Countryside, IL office building presents a compelling investment opportunity. The property, located at 6335 Joliet Road, comprises a recently remodeled 8,000 square foot, two-story building situated on a 0.43-acre lot (18,825 square feet). Currently fully leased with existing lease renewals in place, the building generates a substantial monthly income of $11,000 ($5,000 from the first floor and $6,000 from the second). The net leasable space totals 6,350 square feet. Ample parking is available with 18 spaces. Accessibility features include elevator access to the second floor, accommodating handicap needs. The property boasts a 10.69% cap rate, reflecting its strong financial performance. Its strategic location offers easy access to major highways, expansive shopping malls, the historic La Grange, and the Metra train station, ensuring high tenant demand and occupancy. Numerous recent updates minimize the need for immediate capital expenditures, making this a truly turnkey investment. The property is listed at or above appraisal value. This income-generating asset is ideally suited for investors seeking a stable, high-return investment in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Countryside
- County
- Cook
- State
- Illinois
- Longitude
- -87.8765
- Latitude
- 41.7752
