325 Main St Lombard, IL 60148-6307
- Investment properties
- 5,056 SF
- 0.23 lot acres
Current Use by Public Records
- Investment properties
Property Details for 325 Main St
- Year built
- 1994
- Lot size
- 0.23 lot acres
- Property size
- 5,056 SF
- Zone code
- C
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 06-08-301-029
- APU
- 608301029
Description
This exceptional Lombard, Illinois office space, located at 325 S Main St, 1N, offers 1,200 square feet of immediately available space within a larger 5,000 square foot building. The property, built in 1995, is a two-story traditional office building with a single tenant occupancy. The space is ideal for a variety of uses, previously occupied by a law office, and suitable for a dental practice or medical clinic. The building features ample parking with 16 spaces available. There are no elevators. Property taxes are $2.50 per square foot. The building's address is 325 S Main St, 1N, Lombard, IL 60148. This is a fantastic opportunity to secure a well-located, adaptable office space in a thriving Lombard community. The available space is part of a larger building, offering potential for expansion or synergy with other businesses within the building. The location provides easy access to major roadways and local amenities. This single-tenant space offers privacy and control, making it an attractive option for businesses seeking a professional and functional workspace. The previous use as a law office suggests a layout conducive to private offices and client meeting areas. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $610,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $730,000
- 6.5%
- $795,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $750,000
- Geo Method
- $680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $680,000
- Retail
- $700,000
- Mixed-Use
- $830,000
- Hospitality
- $830,000
- Educational
- $650,000
- Residential Income
- $845,000
- Energy
- $810,000
- Income-Based Land
- $755,000
- Food Service
- $635,000
Location Insight
- Map
- Local Demand
- City
- Lombard
- County
- Dupage
- State
- Illinois
- Longitude
- -88.0179
- Latitude
- 41.8817
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA