Property for Sale: 1348-1356 W Army Trail, Carol Stream, IL 60188

$1,250,000
$1,250,000
1348-1356 W Army Trail, Carol Stream, IL 60188
$1,250,000
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Price:
$1,250,000

Type Commercial

City Carol Stream
County Du Page

MLS 12079505
Status Pending
Prime Investment Opportunity: Fully Occupied Strip Mall in Carol Stream-- Steady Income: The property is fully leased, ensuring a consistent and reliable income stream from established tenants.... High Visibility: Located in a high-traffic area, the strip mall benefits from excellent visibility and accessibility, attracting a steady flow of customers.... Strong Market: Carol Stream is a vibrant community with a robust local economy, making it an ideal location for retail businesses.... Quality Tenants: The tenant mix includes well established local businesses, providing a diverse and balanced tenant profile..... Investment Benefits: Attractive Cap Rate: An approximately 7% cap rate offers a strong return on investment...... Turnkey Investment: With full occupancy, investors can enjoy immediate cash flow without the need for extensive leasing efforts....... Potential for Growth: The thriving local economy and high demand for retail space in Carol Stream present opportunities for rental growth and property value appreciation..... Additional Features: Ample Parking: The strip mall provides ample parking for customers, enhancing convenience and foot traffic for tenants...... Well-Maintained Property: The property has been well-maintained, reducing the need for immediate capital expenditures and ensuring a smooth transition for the new owner......

Lot & Building Features

Cooling Central Individual
Tax Year 2022
Lot Dimensions 0.71 ACRES ft

Price History of 1348-1356 Army Trail, Carol Stream, IL

Date Name Price Difference
12/31/1969 Listing Price $1,250,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Tanya Coffman
Direct: 773-447-9130
Office
3580 W 95th Street
Evergreen Park, IL 60805
773-447-9130
Listed by American Star Realty, Pradeep Shukla & Harsha Shukla
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6.75%
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1348-1356 Army Trail (MLS #12079505) is a commercial listing located in Carol Stream, IL. This property was listed on 06/11/2024 and has been priced for sale at $1,250,000.

Nearby zip codes are 60103, 60108, 60133, 60185 and 60611. This property neighbors other cities such as Bartlett, Bloomingdale, Chicago, Hanover Park and West Chicago.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: American Star Realty