956 Neltnor Blvd West Chicago, IL 60185
- Commercial real estate
- 23,100 SF
- 2.84 lot acres
Current Use by Public Records
- Dr. Ajitha Paruchuri, DMD / Dentist
- Smile View Dental / Dentist
- Southwest Family Dentistry LLC / Dentist
- Tower Station / Shopping Mall
Property Details for 956 Neltnor Blvd
- Year built
- 2004
- Lot size
- 2.84 lot acres
- Property size
- 23,100 SF
- Zone code
- C
- Property type
- Commercial real estate
- APN
- 01-34-305-014
- APU
- 134305014
Description
This exceptional retail property, located at 956 N Neltnor Blvd in West Chicago, IL, 60185, presents a unique investment opportunity. Built in 2005, this single-story building offers multiple tenancy options, ideal for a variety of businesses. The property is situated directly on the heavily trafficked Route 59, ensuring high visibility and accessibility. Its prime location next to an Aldi grocery store guarantees consistent foot traffic. The property boasts a large parking lot and prominent monument signage, enhancing its appeal to potential tenants. Low DuPage County taxes further contribute to its financial attractiveness. The building's proximity to the busy intersection of North Avenue and Route 59, as well as its convenient location near downtown West Chicago and DuPage Airport, adds to its strategic advantage. The endcap space offers flexibility, with the possibility of division to accommodate multiple tenants. This property is a compelling investment opportunity for those seeking high-traffic retail space in a thriving DuPage County location. The property is classified as Retail, with a Subtype of Restaurant and Office, making it suitable for a diverse range of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,510,000
- 6.5%
- $2,165,000
- 7%
- $2,260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,335,000
- Geo Method
- $2,510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,225,000
- Retail
- $2,090,000
- Mixed-Use
- $2,670,000
- Hospitality
- $2,075,000
- Educational
- $2,545,000
- Residential Income
- $2,425,000
- Energy
- $2,215,000
- Income-Based Land
- $2,295,000
- Food Service
- $2,575,000
Location Insight
- Map
- Local Demand
- City
- West Chicago
- County
- Dupage
- State
- Illinois
- Longitude
- -88.2006
- Latitude
- 41.9011
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
