10 Main St East Dundee, IL 60118
- Commercial real estate
- 18,290 SF
Current Use by Public Records
- Commercial real estate
Property Details for 10 Main St
- Property size
- 18,290 SF
- Property type
- Commercial real estate
- APN
- 03-23-356-003
- APU
- 323356003
Description
This exceptional creative office building, located at 10 E. Main Street in East Dundee, Illinois (zip code 60118), offers a variety of flexible suite options in a highly desirable location. The 18,290 square foot, two-story Class B building sits on a 1.32-acre lot and boasts 8-foot ceilings throughout. Built in 1970 and renovated in 1988, the property features circuit breaker power and is zoned B-2. The building is conveniently situated on busy Route 72 (Higgins Road), just minutes from the I-90 interchange, ensuring high traffic counts and excellent visibility. Ample parking is available with 110 spaces located at the rear of the building. Suite sizes range from a minimum of 162 square feet to a maximum contiguous space of 920 square feet. Several suites are available for lease, with varying sizes and rental rates. First-floor suites range from 231 to 567 square feet, with monthly rents ranging from $500 to $1,200, plus utilities as noted. Second-floor suites range from 175 to 539 square feet, with monthly rents ranging from $350 to $1,000, plus utilities as noted. Specific suite details, including square footage and rental rates, are available upon request. The property offers a unique opportunity for businesses seeking a well-located, versatile office space in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $395,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $430,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $470,000
- Geo Method
- $410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $430,000
- Mixed-Use
- $425,000
- Hospitality
- $455,000
- Educational
- $445,000
- Residential Income
- $495,000
- Energy
- $400,000
- Income-Based Land
- $385,000
- Food Service
- $515,000
Location Insight
- Map
- Local Demand
- City
- East Dundee
- County
- Kane
- State
- Illinois
- Longitude
- -88.2751
- Latitude
- 42.098
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA