For Sale
$299,900

6436 Cass Ave Westmont, IL 60559

High-yield salon, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This 1,000-square-foot retail property, located at 6436 S Cass Ave in Westmont, Illinois, presents a compelling value-add investment opportunity. Currently operating as a fully operational beauty salon with private suites leased to five stylists and technicians, this property boasts a strong 10.59% cap rate and a net operating income (NOI) of $31,753. The asking price is $299,900, translating to $299.90 per square foot. Built in 1970, the property benefits from recent updates and enjoys exceptional visibility on Cass Avenue, with over 15,000 vehicles passing daily. Its strategic location within high-density residential neighborhoods ensures a readily available customer base. This property offers a unique blend of established income and significant upside potential for a savvy investor seeking a strong return in a desirable Westmont location. The property is situated in DuPage County, Illinois, zip code 60559.

Highlights

  • 1,000 sq ft retail property at 6436 S Cass Ave, Westmont, IL 60559.
  • Currently operating as a beauty salon with five leased suites; strong 10.59% cap rate and $31,753 NOI.
  • Asking price: $299,900 ($299.90/sq ft).
  • Built in 1970, recently updated, high visibility on Cass Ave (15,000+ vehicles daily).
  • Located in high-density residential area, offering strong customer base and upside potential.

Property Details for 6436 Cass Ave

Property type
Retail properties
Square Feet
1,000 SF

Location Insight

City
Westmont
County
DuPage
State
Illinois
Latitude
41.7710021
Longitude
-87.9750451

FAQs

What type of property is this?
Retail property - High-yield salon, prime location.
Where is the retail property located?
The property is located at 6436 Cass Ave Westmont, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,000 sq ft retail property at 6436 S Cass Ave, Westmont, IL 60559.; Currently operating as a beauty salon with five leased suites; strong 10.59% cap rate and $31,753 NOI.; Asking price: $299,900 ($299.90/sq ft).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6436 Cass Ave
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