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Estate sale for commercial building near Chicago
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Estate-Owned Commercial/Residential Building Located in the Heart of a Well-Developed Western Suburb of
Chicago
Prospectus on206 West Green St.
Bensenville, IL
Property Overview
Description of Building
Rental UnitsFirst Floor Commercial Units:The tavern, which is owner-occupied, is rented for $1,200/month which includes the efficiency unit which equates to $9.86/sq. ft. (This unit is 1,460 sq. ft.)
Verizon occupied the retail unit at the northeast elevation and this was rented for $950/month or $13.60/sq. ft. (This unit is 840 sq. ft.)
The unit at the east elevation of the building is used as a vitamin store and is rented for $750/month or $22.55/sq. ft. (This unit is 399 sq. ft.)
The flower shop is located at the southeast elevation of the building and is rented for $900/month or $10.62/sq. ft. (This unit is 1,016 sq. ft.)
All of the commercial units are rented on a month-to-month and gross basis.(Prevailing commercial rentals rates for the western suburbs of Chicago run from $14-$16 per foot on a net basis.)
Second Floor Residential Units:Unit 1 is a two-bedroom, one-bathroom unit and is reportedly rented for $850/month on a month-to- month basis.
Units 2 and 3 are vacant. Both of these are one-bedroom, one-bathroom units and in need of updating before they could be rented.
Unit 4 is a two-bedroom, one-bathroom unit. It is currently owner-occupied.
Unit 5 is a three-room unit that could be leased as an office after it is updated.
Basement:The basement, for the most part, is unfinished and used for storage. There are storage lockers for the tenants and a 3-fixture restroom with a shower.
Maps & Land Use
1st Floor Commercial Area
Property Pictures
2nd Floor Residential Area
Property Pictures
Property Pictures
Basement, Garage & Surrounding Area
