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    OFF-MARKET
    Office Spaces

    105 Irving Park Rd, Itasca, IL 60143

    5,680 SF 21344 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a unique, two-story, 5,680 square foot Class B office building located at 105 E. Irving Park Rd, Itasca, IL 60143. This vacant property offers a blend of traditional and modern architectural elements, creating a distinctive village-like atmosphere. The building features 24 private offices and is situated in the heart of downtown Itasca, just one block from the Metra station, providing convenient access to public transportation. Its location also offers easy access to major highways and the airport. Employees will enjoy the convenience of nearby coffee shops, parks, walking paths, and dining options. The property sits on a substantial 21,344 square foot lot and is zoned B5. The asking price is $649,900, translating to $114.42 per square foot. This is a gross lease opportunity. The building's location within the downtown Itasca Tax Increment Financing (TIF) district presents additional investment advantages. This property is ideal for a business seeking a unique and convenient workspace with a strong sense of community. The building's character and history provide a compelling opportunity for a discerning buyer.

    Property profile
    Verified
    Property type Office Spaces
    Total area 5,680 SF
    Lot 21344 ac (929,744,640 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
    Current use
    Occupant on record · Public records
    • Cruickshank Insurance Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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