371 Gary AveCarol Stream, IL 60188

  • Commercial real estate
  • 11,577 SF
For Lease

Property Details for 371 Gary Ave

Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.30 AC
Property size (Sq ft)
11,577 SF
Zone code
C
Property type
Commercial real estate
APN
02-32-200-018
APU
232200018

Description

Invest in this thriving 11,276 square foot retail shopping center located at 371 N Gary Ave, Carol Stream, IL 60188, in DuPage County. The single-story, 1995-built property features seven suites and ample parking (65 spaces). Currently housing a diverse mix of established businesses including Enterprise Rent-A-Car, a print shop, staffing agency, burrito restaurant, and vape shop, this plaza benefits from a high-traffic location on Gary Avenue, just north of North Avenue, with approximately 25,000 vehicles passing daily. Its B-3 zoning allows for a variety of retail uses. The property enjoys excellent visibility and accessibility, situated minutes from I-355 and other major routes, surrounded by industrial, residential, and retail options within a three-mile radius. One suite of 2,500 square feet is currently available for lease. The property boasts 100 amps of 3-phase power. This self-managed property offers responsive management to tenant needs. This is an exceptional opportunity for businesses seeking high visibility and a strong tenant base in a prime Carol Stream location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,392,664
    Hospitality
    $2,191,667
    Educational
    $1,823,441
    Medical
    $1,886,152
    Retail
    $2,836,464
371 Gary Ave, Carol Stream, Illinois

Location Insight

City
Carol Stream
County
Dupage
State
Illinois
Latitude
41.9123
Longitude
-88.12
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$39,771
$160,450
$284,670
$445,120
-
$481,350
$854,010
$1,335,360

FAQs

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