9930 Derby Ln Westchester, IL 60154
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.
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.