1919 Highland AveLombard, IL 60148

  • Office buildings
  • 154,474 SF
For Lease
$15/SF/YR View listing

Property Details for 1919 Highland Ave

Year built
1978
Lot size
7.61 AC
Property size (Sq ft)
154,474 SF
Zone code
C
Property type
Office buildings
APN
06-20-304-016
APU
620304016

Description

This exceptional Lombard, Illinois office property, located at 1919 S Highland Ave, offers a versatile workspace spanning 8,476 square feet. Situated in DuPage County, zip code 60148, this location provides convenient access for businesses and employees. The building is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. Flexible lease options are available, accommodating various business needs and sizes. Suites range from a minimum of 987 square feet to a maximum contiguous space of 3,485 square feet, making it ideal for a variety of businesses, including traditional office, executive office, medical office, or creative office uses. The property's prime location in Lombard offers easy access to major transportation routes and amenities, enhancing the overall appeal and convenience for potential tenants. This is a rare opportunity to secure a substantial and adaptable office space in a highly desirable location. The building's total square footage is 8,476 square feet, providing ample room for growth and expansion. Contact us today to learn more about leasing options and explore the possibilities this property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,892,114
    6.5%
    $25,746,568
    7%
    $23,907,526
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,682,692
    Geo Method
    $20,120,238
  • Alternative Use

    Use
    Valuation
    Residential
    $31,925,744
    Hospitality
    $29,243,810
    Educational
    $24,330,506
    Medical
    $25,167,270
    Retail
    $37,847,452

Location Insight

City
Lombard
County
Dupage
State
Illinois
Latitude
41.8482
Longitude
-88.0103
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
$202,203
$994,370
$1,520,120
$2,514,490
-
$2,983,110
$4,560,360
$7,543,470

FAQs

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