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26935041
26935058

401 Harrison Street, Oak Park, IL 60304

MM
IL IL 475.185687
COMPASS
BS
IL 475.187133
COMPASS
Listed by COMPASS
$2,200,000
268 days on market
Updated 40 days ago

401 Harrison Street

Details
APN 14104100090000
Property Type Office
Sub Type Traditional Office, Office/Tech
Square Footage 6,602
Cap Rate 7.44%
NOI $163,601
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 2.9
Lease Expiration 03/31/2028
Rent Bumps Yes
Lease Options 2
Class C
Year Built 1991
Buildings 1
Stories 1
Lot Size (SqFt) 0.34
Zoning B-2
Parking Spaces 23 spaces
Parking Per SqFt 3.48
Investment Type Sale/Leaseback
Lease Commencement 04/21/2025
Sale Condition Sale for leaseback

Excellent sale leaseback investment property.

Marketing description

Investors don't miss this opportunity with this well maintained office property has been well maintained with a recent new roof, ample parking with twenty-three parking spots for clients and employees. Multiple offices and storage room space throughout. Excellent location for all to access from public transportation to the nearby expressway. This property is a great investment being sold as a sale leaseback. Don't miss out on this opportunity! Easy access for city transportation and located off the 290 expressway.
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Listing Contacts

MM
IL IL 475.185687
COMPASS
BS
IL 475.187133
COMPASS
Listed by COMPASS

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$163,601.00
$13,633.42/mo

Valuation Metrics

0
DSCR
7.44%
Cap Rate
7.44%
ROI

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Additional Information

Name
Melody Mueller
License
IL 475.185687
Name
Bobby Simon
License
475.187133
Brokerage
Compass
Brokerage Phone
847-903-8246
Title
Broker
Brokerage Address
760 West Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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