6910 Madison St Willowbrook, IL 60527
- Office Properties & Spaces
- 7,191 SF
- 1.06 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 6910 Madison St
- Year built
- 1980
- Lot size
- 1.06 lot acres
- Property size
- 7,191 SF
- Zone code
- C
- Property type
- Office Properties & Spaces
- APN
- 09-23-407-025
- APU
- 923407025
Description
This exceptional 7,500-square-foot Class B office building, situated on a 1.06-acre lot at 6910 S. Madison Street in Willowbrook, IL, presents a unique leasing opportunity. Built in 1990, this single-story building features a full masonry exterior and abundant natural light. The property is zoned LOR and boasts 54 parking spaces, providing ample convenience for tenants and their clients. Its prime location offers easy access to major highways including I-55, 294, 255, and 88. The building is divisible, with a minimum leasable space of 2,000 square feet and a maximum contiguous space of 7,500 square feet. Currently configured with multiple offices, conference rooms, bathrooms, computer rooms, open areas, and a basement break room, the space is highly adaptable to various business needs. The basement, accessible via a commercial elevator and three staircases, offers an additional 7,500 square feet of usable space. The property's power supply is 400 AMP, and it includes one elevator. The building is ideal for single or multi-tenant occupancy, with a suggested split of 4,000 and 3,500 square feet. Property taxes are $2.53 per square foot. The lease rate is $14 per square foot net, with taxes at $1.78 per square foot and CAM/insurance at $4.20 per square foot. The cross streets are Madison & Plainfield, and the APN is 09-23-407-025. This property offers a versatile and well-located space for businesses seeking a professional and convenient environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $905,000
- 6.5%
- $840,000
- 7%
- $920,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $700,000
- Geo Method
- $755,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $830,000
- Retail
- $810,000
- Mixed-Use
- $855,000
- Hospitality
- $795,000
- Educational
- $790,000
- Residential Income
- $790,000
- Energy
- $960,000
- Income-Based Land
- $870,000
- Food Service
- $915,000
Location Insight
- Map
- Local Demand
- City
- Willowbrook
- County
- Dupage
- State
- Illinois
- Longitude
- -87.936
- Latitude
- 41.7623
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA