68 Stratford Dr Bloomingdale, IL 60108-2201
- Banks
- 3,601 SF
- 1.90 lot acres
Current Use by Public Records
- Banks
Property Details for 68 Stratford Dr
- Year built
- 1981
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.90 lot acres
- Property size
- 3,601 SF
- Zone code
- C
- Property type
- Banks
- APN
- 02-17-400-065
- APU
- 217400065
Description
This exceptional 1.87-acre parcel in Bloomingdale, DuPage County, Illinois, presents a unique opportunity for retail development. Located at 68 Stratford Drive, zip code 60108, this single-tenant site offers flexibility for either a ground lease or a build-to-suit arrangement. The property boasts a strategic location within a thriving community, providing excellent visibility and accessibility. The existing structure on the site comprises a 3,601 square-foot former bank building, complete with a drive-thru ATM, offering potential for repurposing or demolition to accommodate a new build. This presents a rare chance to capitalize on a pre-existing infrastructure while tailoring the space to meet specific business needs. The property's ample land area allows for substantial development, catering to a wide range of retail concepts. Its location in DuPage County, Illinois, ensures access to a robust consumer base and a strong local economy. This is an ideal opportunity for businesses seeking a high-visibility location with the potential for significant return on investment. The property is zoned for retail use and is ready for immediate development or lease. Interested parties are encouraged to explore the possibilities this exceptional property offers. Contact us to learn more about this exciting opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,470,000
- 6.5%
- $1,685,000
- 7%
- $1,520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,580,000
- Geo Method
- $1,515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,330,000
- Retail
- $1,480,000
- Mixed-Use
- $1,675,000
- Hospitality
- $1,385,000
- Educational
- $1,440,000
- Residential Income
- $1,620,000
- Energy
- $1,515,000
- Income-Based Land
- $1,595,000
- Food Service
- $1,395,000
Location Insight
- Map
- Local Demand
- City
- Bloomingdale
- County
- Dupage
- State
- Illinois
- Longitude
- -88.1199
- Latitude
- 41.95
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
