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$1,250,000
6 Days Online

1348-1356 W Army Trail Road
Carol Stream, IL 60188

For Sale|Business|Pending
0
Beds
0
Full Baths
0
Partial Baths
5,450
SqFt
$229
/SqFt

Built
County:
DuPage
Listing Courtesy of MRED as distributed by MLS Grid of American Star Realty pbs98@hotmail.com;Harsha185@hotmail.com

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1348-1356 W Army Trail Road1348-1356 W Army Trail Road1348-1356 W Army Trail Road
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Prime Investment Opportunity: Fully Occupied Strip Mall in Carol Stream-- Steady Income: The property is fully leased, ensuring a consistent and reliable income stream from established tenants.... High Visibility: Located in a high-traffic area, the strip mall benefits from excellent visibility and accessibility, attracting a steady flow of customers.... Strong Market: Carol Stream is a vibrant community with a robust local economy, making it an ideal location for retail businesses.... Quality Tenants: The tenant mix includes well established local businesses, providing a diverse and balanced tenant profile..... Investment Benefits: Attractive Cap Rate: An approximately 7% cap rate offers a strong return on investment...... Turnkey Investment: With full occupancy, investors can enjoy immediate cash flow without the need for extensive leasing efforts....... Potential for Growth: The thriving local economy and high demand for retail space in Carol Stream present opportunities for rental growth and property value appreciation..... Additional Features: Ample Parking: The strip mall provides ample parking for customers, enhancing convenience and foot traffic for tenants...... Well-Maintained Property: The property has been well-maintained, reducing the need for immediate capital expenditures and ensuring a smooth transition for the new owner......

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Listing Snapshot
Price 
$1,250,000
Days Online 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,450 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
12079505
Status 
Pending
Property Tax 
$21,350
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing first seen online
4 months agoListing updated with changes from the MLS®
General Features
Number Of Stories 
1
Property Sub Type 
Business
SqFt Total 
5450
Zoning 
COMMR
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Community Features
MLS Area 
Carol Stream
Listing Courtesy of MRED as distributed by MLS Grid of American Star Realty pbs98@hotmail.com;Harsha185@hotmail.com



Based on information submitted to the MLS GRID as of 2024-10-01 09:20 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-01 09:20 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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