555 Randall RdSt. Charles, IL 60174

  • Office properties
  • 1,969 SF
For Sale
$179,900 View listing

Property Details for 555 Randall Rd

Year built
2001
Lot size
0.14 AC
Property size (Sq ft)
1,969 SF
Property type
Office properties
APN
09-32-425-013
APU
932425013

Description

This 1,363 square foot executive office suite is located at 555 S Randall Rd, St. Charles, IL 60174, in a prime location at the intersection of Randall Road and Prairie Street. The building, constructed in 2002, is a two-story structure with a permitted commercial zoning (COMM). The asking price is $179,900, translating to $131.99 per square foot. The unit boasts a reception area with a built-in desk and cabinets, two spacious offices, a conference room with built-in cabinets and a sink, a large work area accommodating three desks, and a dedicated IT room. Natural light floods the space through expansive window lines and interior glass walls, which can be frosted for added privacy. High-quality finishes include stately stained wood 9-inch base trim and 7.5-inch crown molding throughout. Recent building improvements include a new roof (2023), parking lot resurfacing (2022), and pre-paid elevator upgrades. Heat, water, and sewer are included in the approximately $447 monthly assessment. The unit also features fresh paint and a new furnace (installed January 2022). This is an excellent opportunity to own rather than rent, offering a blend of functionality and aesthetic appeal in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $355,526
    6.5%
    $328,178
    7%
    $304,737
  • Comparable approach

    Method
    Valuation
    Relative Method
    $199,899
    Geo Method
    $256,462
  • Alternative Use

    Use
    Valuation
    Residential
    $406,941
    Hospitality
    $372,756
    Educational
    $310,128
    Medical
    $320,794
    Retail
    $482,422

Location Insight

City
St Charles
County
Kane
State
Illinois
Latitude
41.9041
Longitude
-88.3401
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
2022
$7,115
$31,364
$56,761
$88,125
-
$94,092
$170,283
$264,375

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