Fantastic, historic mixed use building in Downtown Historic Villa Park offered for sale. Revenues of $135k ++ /year, with low expenses, adjusted net $92,000. 10,226 sq ft total building on 8,050 sq ft lot: 3 Retail stores (with Edward Jones as a key tenant;) 5 apartments (which typically lease in a day;) 3 offices (including 1,200 sq. ft. loft currently used by owner that can be leased for add'l revenue;) Warehouse 3,020 sq. ft. All apartments have been re-habbed in the past 4 years, new roof over warehouse and side of building, new awnings 2 years old; tuckpointing done in last 5 years; stucco replaced 3 years ago...and much more.
Rarely available, 8,400 SF, 3-tenant retail strip center available for sale. Well located at the signalized corner of North and Villa Avenue with excellent frontage directly on North Avenue, a major East-West retail corridor with over 46,000 VPD. The property is directly west of Route 83 and pulls from surrounding areas including Villa Park, Elmhurst, Lombard and Oak Brook. The property currently has one long-term tenant but has historically been completely leased. It is an ideal property for an owner/user, investor, or as a redevelopment opportunity on a great retail corner. Two units also available for lease.
Incredible opportunity to rehab or tear down and build new on a large corner lot on highly traveled St Charles Road. This property is zoned MXT which allows both commercial and/or residential. The existing home could be rehabbed and lived in or rented out as a residential single-family home. It would also make great office space! There is space for several private offices, a kitchenette/break room and a conference room if needed. There are interior stairs to attic space - previously used as living space. Please note - there is currently not a kitchen on the first floor. The basement offers great storage space. There is plenty of space to add a parking lot - with village approval. There is also a large outbuilding and a detached garage on the property. This is a great opportunity in a terrific location. This property is being sold in as-is condition.
Villa Park is located in Illinois. Villa Park, Illinois has a population of 21,867. Villa Park is more family-centric than the surrounding county with 38.02% of the households containing married families with children. The county average for households married with children is 37.15%.
The median household income in Villa Park, Illinois is $72,098. The median household income for the surrounding county is $84,442 compared to the national median of $57,652. The median age of people living in Villa Park is 38.1 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 38.3 inches per year, with 30.3 inches of snow per year.