Property profile

1041 Bonaventure Dr Elk Grove Village, IL 60007

OFF-MARKET
Retail space
Property ID
US28-5905128
0.58 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 5,700-square-foot brick office building located in Elk Grove Village, Illinois, configured as a three-unit property. Two units have been remodeled, while one unit previously underwent full demolition followed by improvements consistent with the remodeled spaces. Building systems and site elements include updates to plumbing, electrical systems, insulation, and the fire alarm system, along with new LED lighting and fixtures; the property also features resurfaced parking, a newly installed fence, fresh interior paint, and new flooring throughout the updated areas. The building includes three fully remodeled bathrooms and a full kitchen installation with new appliances. Two units were historically used as rented spaces, and the property layout includes a third unit suited for leasing or owner-occupancy. The property is positioned for convenient access to Interstate 290 and Interstate 390.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Lot 0.58 ac (25,431 SF)
APN 08-31-400-045
UPID US28-5905128

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank

Location

1041 Bonaventure Dr Elk Grove Village, IL 60007-3277
Elk Grove Village metro Census 770201 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2022
Last sale
$505,000
7 recorded transactions
2022
$505,000
2018
Price N/A
2016
Price N/A
2009
Price N/A
2004
$550,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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