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571 N York Street

Elmhurst, IL 60126
  • $13,088,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 11301966
UPDATED: 20 min ago
$13,088,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

Description

Our brokerage is proud to present the opportunity to acquire a multi-tenant mixed-use center for its first time ever on the market. This asset is positioned in a strong, transit-oriented location in the Chicago suburb of Elmhurst. York Center Plaza contains 74,628 square feet and is situated on approximately 3.61 acres. Located at the corner of York Street and Crestview Avenue directly across from I-290 access, the center benefits greatly from its position near Mariano's, LA Fitness, Starbucks and exiting highway traffic. Anchored by strong family and community-oriented businesses, the center is occupied by internet-resistant tenants on long-term leases. Differentiated businesses and contrasting peak traffic hours allow for an ideal synergy and mutual benefit across the property. The brick and block construction building has been remarkably-maintained and offers its visitors 244 total parking spots in newly striped and sealed front and rear lots. Multiple entrances on York Street and other streets bordering the property aid traffic flow and allow tenants to operate smoothly. This asset is being offered at an 8.00% CAP rate with tremendous cash flow and continued growth.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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571 N York Street Elmhurst, IL 60126

  • Price: $13,088,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 20 min ago
  • MLS #: 11301966
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1991
Built
Neighborhood:
Elmhurst
County:
DuPage
Area:
Elmhurst
Property Description
Our brokerage is proud to present the opportunity to acquire a multi-tenant mixed-use center for its first time ever on the market. This asset is positioned in a strong, transit-oriented location in the Chicago suburb of Elmhurst. York Center Plaza contains 74,628 square feet and is situated on approximately 3.61 acres. Located at the corner of York Street and Crestview Avenue directly across from I-290 access, the center benefits greatly from its position near Mariano's, LA Fitness, Starbucks and exiting highway traffic. Anchored by strong family and community-oriented businesses, the center is occupied by internet-resistant tenants on long-term leases. Differentiated businesses and contrasting peak traffic hours allow for an ideal synergy and mutual benefit across the property. The brick and block construction building has been remarkably-maintained and offers its visitors 244 total parking spots in newly striped and sealed front and rear lots. Multiple entrances on York Street and other streets bordering the property aid traffic flow and allow tenants to operate smoothly. This asset is being offered at an 8.00% CAP rate with tremendous cash flow and continued growth.
Exterior Features

Parking Total 244

Interior Features

Cooling Central Individual Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN Yes Approximate Age 26-35 Years Building Area Total 74628 Built Before1978 YN No Electric Separate Meters Fire Protection Sprinklers-Wet Geographic Locale O'hare Gross Income 1273401 Gross Scheduled Income 127340 Insurance Expense 8216 Mls Actual Status Active Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 86935 Tax Year 2020 Tenant Pays Other Total Monthly Income 106117 Township Addison Type Mixed Use Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Brookline Real Estate Llc.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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BNRealty | RE/MAX Rising
6035 N Knoxville Ave, Suite 102 A
Peoria IL, 61614