325 Main StLombard, IL 60148

Property Details for 325 Main St

Year built

1994

Lot size

0.23 AC

Property size (Sq ft)

5,056 SF

Zone code

C

Property type

Investment properties

Property subtype

Live-work space

APN

06-08-301-029

APU

608301029

Description

This exceptional Lombard, Illinois office space, located at 325 S Main St, 1N, offers 1,200 square feet of immediately available space within a larger 5,000 square foot building. The property, built in 1995, is a two-story traditional office building with a single tenant occupancy. The space is ideal for a variety of uses, previously occupied by a law office, and suitable for a dental practice or medical clinic. The building features ample parking with 16 spaces available. There are no elevators. Property taxes are $2.50 per square foot. The building's address is 325 S Main St, 1N, Lombard, IL 60148. This is a fantastic opportunity to secure a well-located, adaptable office space in a thriving Lombard community. The available space is part of a larger building, offering potential for expansion or synergy with other businesses within the building. The location provides easy access to major roadways and local amenities. This single-tenant space offers privacy and control, making it an attractive option for businesses seeking a professional and functional workspace. The previous use as a law office suggests a layout conducive to private offices and client meeting areas. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $912,921

  6.5%

  $842,696

  7%

  $782,504

• Comparable approach

  Method

  Valuation

  Relative Method

  $513,301

  Geo Method

  $658,544

• Alternative Use

  Use

  Valuation

  Residential

  $1,044,943

  Hospitality

  $957,162

  Educational

  $796,348

  Medical

  $823,736

  Retail

  $1,238,763

Location Insight

City

Lombard

County

Dupage

State

Illinois

Latitude

41.8817

Longitude

-88.0179

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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