For more information regarding the value of a property, please contact us for a free consultation.
1S131 Summit Avenue Oakbrook Terrace, IL 60181
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $560,000
Property Type Commercial
Sub Type Office/Tech
Listing Status Sold
Purchase Type For Sale
Square Footage 1,523 sqft
Price per Sqft $367
MLS Listing ID 11918593
Sold Date 05/31/24
Year Built 1955
Annual Tax Amount $4,451
Tax Year 2022
Lot Dimensions 54 X 278
Property Description
Freestanding luxury salon suites in Oakbrook Terrace for Sale or Lease. Highly sought out desirable location by Roosevelt & Butterfield Rd. minutes from IL-83, and 88. Complete renovation down to the studs - new plumbing, new fixtures, new electrical, new roofing, new parking lot... reno cost +/- $400,000 Grandeur finishes - and up to code. A one of a kind opportunity for an investor or owner-operator to acquire a luxurious turnkey property. The space is currently divided into 6 suites with a common area space with a couch and built in wet bar and 2 bathrooms for waiting clients. All suites are currently leased to beauty professionals, including the owner's expansive double suite. Ownership projects an 9.56% CAP rate. Property is also suitable for owner-occupants looking for an upscale office space. Prior to its renovation, the property was a successful dental office.
Location
State IL
County Dupage
Zoning COMMR
Interior
Cooling Central Air
Flooring Tile, Vinyl, Wood
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Read Less
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Vipin Gulati • RE/MAX Professionals Select
GET MORE INFORMATION