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Comstock Realty Group
Main Office:
630-961-2766
ComstockRealty@aol.com
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Comstock Realty Group
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Main Office:
630-961-2766
ComstockRealty@
aol.com
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704 N Addison Road,  Villa Park IL, 60181

(Active)
$499,900
|
5,000 sqft
|
MLS# 10431563
1of
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Last Updated: 9/16/2019 12:23 PM
Description for 704 N Addison Road Villa Park, IL 60181
Great location for this free standing building with strong tenant on 5 year triple net lease with yearly rent increases. Great for investor or can work out for owner occupier! Features include parking on site to accommodate 18 cars, overhead 10 X 10 door at rear of building. Very solid, brick construction. Great Investment! Parcel #0604114026 included. Property taxes for this parcel at $681.12, and measures 30 X 126 - total combined for 2 parcels is 90 X 126, adjacent on North side of building and is parking area. Rental income shown reflects year 1 only. Rent increases are as follows: Year 1 $3,000 per month / Year 2 (current) $4,145 per month / Year 3 $4,270 per month/ Year 4 $4,400 per month / Year 5 $4,532 per month. Well maintained building with new roof in July, 2019!
Price
$499,900
Du Page
5,000 (approx)
10431563
Active
Description
Great location for this free standing building with strong tenant on 5 year triple net lease with yearly rent increases. Great for investor or can work out for owner occupier! Features include parking on site to accommodate 18 cars, overhead 10 X 10 door at rear of building. Very solid, brick construction. Great Investment! Parcel #0604114026 included. Property taxes for this parcel at $681.12, and measures 30 X 126 - total combined for 2 parcels is 90 X 126, adjacent on North side of building and is parking area. Rental income shown reflects year 1 only. Rent increases are as follows: Year 1 $3,000 per month / Year 2 (current) $4,145 per month / Year 3 $4,270 per month/ Year 4 $4,400 per month / Year 5 $4,532 per month. Well maintained building with new roof in July, 2019!
Listing Information
Property Type: Retail, 1 Story
5,000 (approx) 1
Other
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Forced Air
3
Exterior / Lot Features
None
90 X 126
COMMR
Central Business District
Driving Directions
Approximately 1 block south of North Avenue, West side of street.
Financial Considerations
0604114029
$12,253
Listing Price History
sourceMLS

Villa Park Real Estate

Villa Park is located in Illinois. Villa Park, Illinois 60181 has a population of 22,326.

The median household income in Villa Park, Illinois 60181 is $56,990. The median household income for the surrounding county is $68,989 compared to the national median of $49,877. The median age of people living in Villa Park 60181 is 40 years.

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Courtesy: Comstock Realty Group
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