7060 Burroughs Ave Plano, IL 60545
- Commercial real estate
- 6,600 SF
- 1.15 lot acres
Current Use by Public Records
- Domino's Pizza / Chicken Wings Restaurant / Pizza Restaurant
- T-Mobile / Cell Phone Store / Cell Phone Accessory Store
- Bare Beauty Medspa & Skincare / Skin Care Clinic
- Smoothie King / Lunch Restaurant / Delivery Restaurant
Property Details for 7060 Burroughs Ave
- Year built
- 2020
- Lot size
- 1.15 lot acres
- Property size
- 6,600 SF
- Property type
- Commercial real estate
- APN
- 01-29-401-005
- APU
- 129401005
Description
This exceptional 6,600 square foot retail building, constructed in 2020, presents a unique opportunity for businesses seeking flexible space in a high-traffic location. Situated on a 1.16-acre lot at 7060 Burroughs Ave, with convenient access via Tara St, this single-story building offers multiple tenancy options. Currently, 4,800 square feet are available, divisible into spaces ranging from 1,600 to 4,800 contiguous square feet. The property boasts a total of four suites, providing ample space for a variety of retail, restaurant, or office uses. With abundant parking (46 spaces), customers and employees will find convenient access. The property is zoned Commercial and located in desirable Kendall County. The modern building offers a fresh, contemporary aesthetic, ideal for businesses seeking a high-visibility location. This is a rare opportunity to secure prime retail space in a thriving area, offering excellent potential for growth and success. The building's recent construction ensures modern amenities and efficient layouts, minimizing operational costs. Don't miss this chance to establish your business in this highly sought-after location. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $340,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $390,000
- Mixed-Use
- $400,000
- Hospitality
- $365,000
- Educational
- $305,000
- Residential Income
- $310,000
- Energy
- $365,000
- Income-Based Land
- $355,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Plano
- County
- Kendall
- State
- Illinois
- Longitude
- -88.5703
- Latitude
- 41.6529
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA