Retail/Office Opportunity in Downtown Elmhurst by Metra
Sold
110 & 112 W. Park Ave.
Elmhurst, IL 60126
9,667 SF
Retail/Restaurant
The Details
- 9,667 SF retail/office property
- Located across from Metra station
- 100% leased building
- Tenants include Lou Malnati’s, Brain Freeze, salon, & architect
- Potential to occupy or lease the 4,200 SF wine bar/restaurant
- Prime spot in downtown Elmhurst
- Pro Forma NOI: $175,000
- Great deal for user or investor
- Land Area: 9,150 SF
- Zoning: C4, central business
- Part of TIF 1 District, may be eligible for Retail Grant up to $10,000
- Taxes (2015): $28,864
An 9,667 square foot retail/office building in the heart of downtown Elmhurst is available for sale. The building is 100% leased to five tenants, including Lou Malnati’s, with strong in-place income. A 4,200 square foot restaurant space is currently leased by a wine bar, but could potentially be occupied by a new owner. The building is across from the Metra station, a convenient location close to all that downtown Elmhurst has to offer.
Located 16 miles west of Chicago, Elmhurst is a dynamic suburban city with more than 45,000 residents and over 2,500 businesses.