9930 Derby Ln Westchester, IL 60154-3745

Property Details for 9930 Derby Ln

Year built

1967

Lot size

0.11 lot acres

Property type

Commercial real estate

APN

15-21-200-039

APU

1521200039

Description

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.

Location Insight

City

Westchester

County

Cook

State

Illinois

Longitude

-87.871

Latitude

41.8629

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments