Property profile

105 Irving Park Rd Itasca, IL 60143

OFF-MARKET
Office Spaces
5,680 SF 21344 ac lot
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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

Current use

Occupant on record · Public records
  • Insurance Agency

Location

105 Irving Park Rd Itasca, IL 60143
Itasca metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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