240 West Ave Elmhurst, IL 60126
This exceptional 2,112 square foot office building, situated on a 0.31-acre lot at 240 N West Avenue in Elmhurst, IL, presents a compelling investment opportunity. Its prime location offers excellent visibility and convenient access to major highways and intersections. The property boasts a private front parking lot with ample space for 12 vehicles, ensuring convenient parking for tenants and visitors. The building is comprised of three distinct rental levels, each offering unique spaces. The first floor features a welcoming front lobby leading to a large main office, three additional spacious individual offices, each with its own private bathroom, and a convenient kitchenette area with microwave and refrigerator. The second floor provides a substantial front office space and two more private offices. The lower level also includes a large front room and a separate private office. This well-maintained building offers significant potential for rental income generation, making it an attractive investment in a highly desirable Elmhurst location. The property's excellent visibility and convenient access to major transportation routes further enhance its appeal. This is a rare opportunity to acquire a well-positioned, multi-unit office building with strong income potential. The property is priced at $745,000.
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Miller Marketing Group Inc Advertising Agency Marketing & Advertising
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Elmhurst Independent-Friendly Publishing House Newspaper & Magazine
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Quest Publishing Publishing House
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.