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
CoolingCentral Individual
Tax Year2022
Lot Dimensions0.71 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.
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.
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.
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Listing information courtesy of: American Star Realty