219 55Th StClarendon Hills, IL 60514

Property Details for 219 55Th St

Year built

1997

Lot size

0.43 AC

Property size (Sq ft)

4,253 SF

Zone code

C

Property type

Office properties

APN

09-14-100-054

APU

914100054

Description

This exceptional Clarendon Hills office building at 219 W 55th St offers a rare opportunity to lease executive or professional office space. Built in 1997, the 1,300 square foot building is currently fully vacant and available for immediate occupancy. The property is ideally suited for businesses seeking flexible space options, with a minimum divisible unit of 500 square feet and a maximum contiguous space of 800 square feet. Multiple tenancy options are available to accommodate various business needs and sizes. The building's location in Clarendon Hills, Illinois (zip code 60514) provides easy access to major transportation routes and amenities. Ample parking is provided for tenants and their clients. This is a fantastic opportunity to establish a presence in a desirable and convenient location. The property is ready for immediate move-in, allowing businesses to quickly establish their operations. Contact us today to schedule a viewing and discuss your specific space requirements. The entire 1,300 square feet is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $1,280,223

  6.5%

  $1,181,744

  7%

  $1,097,334

• Comparable approach

  Method

  Valuation

  Relative Method

  $553,953

  Geo Method

  $553,953

• Alternative Use

  Use

  Valuation

  Residential

  $1,465,363

  Hospitality

  $1,342,265

  Educational

  $1,116,749

  Medical

  $1,155,155

  Retail

  $1,737,164

Location Insight

City

Clarendon Hills

County

Dupage

State

Illinois

Latitude

41.7883

Longitude

-87.9542

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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