11 Main St Bensenville, IL 60106
- Commercial real estate
- 8,006 SF
- 0.09 lot acres
Current Use by Public Records
- Taqueria Mexico 2000 #2 / Mexican Restaurant / Latin American Restaurant
- Jen's Creations / Craft Store
Property Details for 11 Main St
- Year built
- 1937
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.09 lot acres
- Property size
- 8,006 SF
- Zone code
- I
- Property type
- Commercial real estate
- APN
- 03-14-403-002
- APU
- 314403002
Description
This exceptional mixed-use property at 11 W Main Street, Bensenville, IL, presents a unique investment opportunity. Boasting 8,429 square feet, this building enjoys a highly desirable downtown location, steps from the Metra station and City Hall, and minutes from O'Hare International Airport. The ground floor currently houses a thriving restaurant, ensuring consistent foot traffic and rental income. Upstairs, two residential units – a one-bedroom and a two-bedroom apartment – provide additional rental revenue streams. These apartments are situated at the front of the building, offering residents convenient access and privacy. At the rear, a versatile loft warehouse space offers significant potential for various business uses, including storage or light manufacturing. This area also includes a functional office kitchenette. Approved architectural plans are in place to add two more two-bedroom apartments, significantly increasing the property's income potential. This presents a compelling opportunity for both owner-occupiers and investors seeking a multi-faceted, income-generating asset in a thriving downtown area. The property sits on a 0-acre lot and is priced at $599,999. Don't miss this chance to acquire a truly exceptional property in a prime Bensenville location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $695,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $600,000
- 6.5%
- $570,000
- 7%
- $620,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $525,000
- Geo Method
- $640,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $575,000
- Retail
- $720,000
- Mixed-Use
- $605,000
- Hospitality
- $695,000
- Educational
- $665,000
- Residential Income
- $565,000
- Energy
- $590,000
- Income-Based Land
- $595,000
- Food Service
- $665,000
Location Insight
- Map
- Local Demand
- City
- Bensenville
- County
- Dupage
- State
- Illinois
- Longitude
- -87.9404
- Latitude
- 41.9573
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
