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    OFF-MARKET
    Office Spaces

    6335 Joliet Rd, Countryside, IL 60525

    8,000 SF 0.43 ac lot Built 1983
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1983
    Total area 8,000 SF
    Lot 0.43 ac (18,731 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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