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Property profile & analytics
FOR SALE
Commercial real estate

9930 Derby Ln Westchester, IL 60154

0.11 ac lot Built 1967
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US28-0032569
Property summary
AI-generated overview

This exceptional 12,000-square-foot office building presents a compelling investment or owner-user opportunity in the desirable Westchester, IL market. Situated at 9930 Derby Lane, this two-story structure is currently in good condition and boasts a convenient loading dock, ensuring efficient operations. Safety is prioritized with a fully installed sprinkler system throughout the building. Recent landscaping improvements have enhanced the immediate surroundings, creating a more attractive and welcoming environment. The property's current occupancy stands at 60%, with three-fifths of the building already leased, generating immediate rental income. This translates to a strong existing cash flow for investors while simultaneously offering significant potential for future growth through leasing the remaining vacant space. The building's size and layout offer flexibility for a variety of business needs, making it suitable for a range of potential tenants. The strategic location in Westchester provides easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-maintained, income-producing office building in a prime location. The asking price of $625,000 represents exceptional value in the current market. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1967
Lot 0.11 ac (4,886 SF)
APN 15-21-200-039
UPID US28-0032569
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.41M
Owner & transaction history
Westchester Rising LLC · 5 yrs held
Westchester Rising LLC
since 2020
Last sale
$1.3M
6 recorded transactions
2020
$1.3M
2017
Price N/A
2017
$325,000
2007
$1.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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