9211 Broadway Ave, Brookfield, IL 60513-1251
This 1,200 square foot vacant storefront at 9211 Broadway Ave, Brookfield, IL 60513, is a value-add investment opportunity priced at $188,000 ($157/SF land value). Located in a high-traffic area of Brookfield, within the city's only commercial zone, this C-3 zoned property boasts excellent visibility and accessibility. The surrounding area includes a diverse mix of businesses such as a bank, CVS, dental clinic, grocery store, and various restaurants, ensuring a steady flow of potential customers. Its proximity (0.6 miles) to a major zoo further enhances its appeal. Built in 1955, this single-story building offers a blank canvas for renovation, allowing future tenants to customize the space to their specific needs. The property includes two exclusive parking spaces, a rare and valuable asset in this location. Ideal for various retail uses, including cafes, educational centers, or beauty stores. The property is currently vacant with an occupancy date of October 4, 2024. This is a unique opportunity to acquire a retail space in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.