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503 S Westgate St
Addison, IL 60101

$894,900 USD

Warehouse For Sale  •  7,300 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 7,300 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 8.31 %
  • Tenancy Multiple
  • Zoning M-2
0 Transit Score
65 Walk Score

Highlights

Very well maintained 7300 SF building on 15682 SF parcel
All units are currently rented with monthly gross income of $8333
New Roof
14' Ceiling
Overhead door
Newly updated office

Property Flyers

Financial Summary (Actual)

Net Operating Income: $76,864 USD (2024)
Cap Rate: 8.31 %
Total Expenses: $20,132 USD

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Villa Park Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 2.4 mi
Lombard Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 9 min - 3.5 mi
AirportDriveWalkDistance
Chicago O'Hare International 23 min - 13.4 mi
Chicago Midway International 34 min - 19.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Chabane Bounab 614-849-5730 Coldwell Banker Realty
Chabane Bounab 614-849-5730 Coldwell Banker Realty