68 Stratford DrBloomingdale, IL 60108

Property Details for 68 Stratford Dr

Year built

1981

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.90 AC

Property size (Sq ft)

3,601 SF

Zone code

C

Property type

Banks

APN

02-17-400-065

APU

217400065

Description

This exceptional 1.87-acre parcel in Bloomingdale, DuPage County, Illinois, presents a unique opportunity for retail development. Located at 68 Stratford Drive, zip code 60108, this single-tenant site offers flexibility for either a ground lease or a build-to-suit arrangement. The property boasts a strategic location within a thriving community, providing excellent visibility and accessibility. The existing structure on the site comprises a 3,601 square-foot former bank building, complete with a drive-thru ATM, offering potential for repurposing or demolition to accommodate a new build. This presents a rare chance to capitalize on a pre-existing infrastructure while tailoring the space to meet specific business needs. The property's ample land area allows for substantial development, catering to a wide range of retail concepts. Its location in DuPage County, Illinois, ensures access to a robust consumer base and a strong local economy. This is an ideal opportunity for businesses seeking a high-visibility location with the potential for significant return on investment. The property is zoned for retail use and is ready for immediate development or lease. Interested parties are encouraged to explore the possibilities this exceptional property offers. Contact us to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $955,799

  6.5%

  $882,276

  7%

  $819,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $921,274

  Geo Method

  $1,181,956

• Alternative Use

  Use

  Valuation

  Residential

  $744,233

  Hospitality

  $681,713

  Educational

  $567,177

  Medical

  $586,683

  Retail

  $882,276

Location Insight

City

Bloomingdale

County

Dupage

State

Illinois

Latitude

41.95

Longitude

-88.1199

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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