1000 Bartlett RdStreamwood, IL 60107

Property Details for 1000 Bartlett Rd

Year built

1967

Lot size

0.75 AC

Property type

Auto shops

APN

06-26-102-077

APU

626102077

Description

This exceptional 2,700 square foot retail property is strategically located at the highly visible corner of Irving Park Road and Bartlett Road in Streamwood, Illinois. Boasting a prime 1.38-acre lot, the property offers significant frontage: 200 feet on Irving Park Road and 318 feet on Bartlett Road. This translates to unparalleled exposure to an estimated 41,000 vehicles daily, ensuring maximum visibility for your business. The property's C-1 and C-2 zoning designations in Streamwood allow for a variety of retail and commercial uses. The substantial frontage and high traffic volume make this an ideal location for businesses seeking maximum impact. Further enhancing its appeal, the property is eligible for potential tax incentives for redevelopment, presenting a unique opportunity for significant cost savings. Strong area demographics further support the potential for success in this vibrant location. This is a rare opportunity to acquire a high-visibility, high-traffic retail property in a thriving area. The property's size and location offer significant potential for a variety of commercial ventures. Interested parties should conduct their own due diligence to verify all information.

• CAP approach

  CAP return

  Valuation

  6%

  $8,645,719

  6.5%

  $7,980,664

  7%

  $7,410,616

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,333,425

  Geo Method

  $10,691,436

• Alternative Use

  Use

  Valuation

  Residential

  $6,731,989

  Hospitality

  $6,166,466

  Educational

  $5,130,427

  Medical

  $5,306,870

  Retail

  $7,980,664

Location Insight

City

Streamwood

County

Cook

State

Illinois

Latitude

42.013

Longitude

-88.1838

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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