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$323,750 For Sale

29w522 Batavia Road
Warrenville, IL 60555

10 units |
3,256 sq ft;
lot: 19166 sq ft
Commercial: Office/Tech - MLS# 09811919
Property Photo
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Description

BEST INVESTMENT PROPERTY YOU WILL EVER OWN! Turn-Key opportunity known as "The WATER TOWER PLACE" to the Warrenville Community, & one of the most SOLID investments available yet today. With over 10+ revenue streams of income, PLUS a MINIMUM to "0" Vacancy rate, this ARM CHAIR Investment is a RARE FIND. The Driveway was just replaced with NEW asphalt, is ADA Compliant, AND potential for additional income $10k from renting out garage - currently used by the owner. The 2nd floor storage-is being used as an apartment-yet can be a delux Office Suite. (Check out all of the upgrades and amenities posted as extra documents.) The building is SOLID BRICK w/200 amp service, main floor windows replaced in 2013-4, and has all of the charm and character anyone would hope for from such a Jewel. POTENTIAL for NET Income of $30,000 + while reducing mortgage balance (Assuming you get a mortgage) and building equity. You can't beat that in a Bank investment - Seller retiring OUT-OF-STATE

Features

  • # of Parking Spaces: 12
  • # Of Stories: 2
  • # Of Tenants: 9
  • Addtl Zip: 2007
  • Air Conditioning: Central Air
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction: Brick, Concrete, Concrete Block
  • County/Area: Du Page County
  • Electrical Service: Circuit Breakers, 101-200 Amps
  • Exterior Building Type: Brick, Clad Trim
  • Extra Storage Spaces Available (Y/N): Yes
  • Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/S, Smoke Or Fire Protectors
  • Floor Finish: Tile, Varies, Wood
  • Foundation: Block, Concrete
  • Frontage/Access: City Street, Public Road
  • Geographic Locale: East/West Corridor
  • Heat/Ventilation: Central Bldg Heat
  • Investment (Y/N): Yes
  • Listing Status: Active
  • Location: Central Business District, Corner, Mixed Use Area
  • Lot Dimensions: 98' X 146' X 97' X 150'
  • Lot Size: 0.4400
  • Lot Sq Ft: 14271
  • Max Avail Sq Ft (Rentable): 3250
  • Min Avail Sq Ft (Rentable): 99
  • Misc Outside: Courtyard, Handicapped Access, Security Lighting, Storms And Screens (As Exist)
  • Net Operating Income Year: $2,016
  • Outdoor Parking: 13-18 Spaces, Common Parking, Lighted, Paved, Private Lot
  • Ownership Type: Individual
  • Parking Spaces: 12
  • Pool: Hot Tub, See Outdoor Parking
  • Pool or Spa: Hot Tub, See Outdoor Parking
  • Property Type: Commercial
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Sq.Ft.: 3256
  • Sub Type: Office/Tech
  • Tax Year: 2016
  • Taxes: $5,549
  • Total Annual Exp: 9618
  • Total Annual Income: $37,590
  • Township: Winfield
  • Units: 10
  • Year Built: 1926
  • Zip Code: 60555
  • Zoning: OFFIC
Daniel And Associates Real Estate
465 East Roosevelt Road
West Chicago, IL 60185

Office:  630-231-8090
Office:  630-393-1700

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