Listed by Chicagoland Commercial Real Estate
$435,000
334 E Colfax St Units B & C
Details
Property Type Office
Sub Type Executive Office
Price per SqFt $97
Year Built 1985
Year Renovated 2018
Stories 2
Acreage 0.480
Parking Spaces 30 spaces
Investment Type Owner/User
Office
Marketing description
Office Condos For Sale
Investment highlights
- 2 Office Condos units for Sale Totaling 4,472 SF
- Two adjacent, 2 story office condo suites (available as a package or individually)
- Condo suites are 2,236 sf each or 4,472 sf combined
- Ideal Investment or User Opportunity
- Edward Jones Leases 1st floor and basement of Unit B (extra income or expansion space for buyer)
- Located next to Starbucks @ N.W. Corner of Rt 14 & Colfax St
- Private Parking Lot and Street Parking
- Real Estate Taxes: Unit B = $12,432.37 and Unit C = $12,847.34
- Current Lease of 1,335 SF to Edward Jones expires 11/30/26 provides $14,000 per year of income & gives buyer expansion space potential if needed
- Current Sale Priced far below reproduction value
- Sale Price: $435,000 ($97.27 PSF)
Listing Contacts
Listed by Chicagoland Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
