Green street prospectus

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Estate sale for commercial building near Chicago

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Green street prospectus

  1. 1. Estate-Owned Commercial/Residential Building Located in theHeart of a Well-Developed Western Suburb of ChicagoProspectus on206 West Green St. Bensenville, IL
  2. 2. Property Overview
  3. 3. Description of Building
  4. 4. Rental UnitsFirst Floor Commercial Units:The tavern, which is owner-occupied, is rented for $1,200/month which includes the efficiency unit which equatesto $9.86/sq. ft. (This unit is 1,460 sq. ft.)Verizon occupied the retail unit at the northeast elevation and this was rented for $950/month or $13.60/sq. ft.(This unit is 840 sq. ft.)The unit at the east elevation of the building is used as a vitamin store and is rented for $750/month or$22.55/sq. ft. (This unit is 399 sq. ft.)The flower shop is located at the southeast elevation of the building and is rented for $900/month or $10.62/sq.ft. (This unit is 1,016 sq. ft.)All of the commercial units are rented on a month-to-month and gross basis.(Prevailing commercial rentals rates for the western suburbs of Chicago run from $14-$16 per foot on a netbasis.)Second Floor Residential Units:Unit 1 is a two-bedroom, one-bathroom unit and is reportedly rented for $850/month on a month-to- month basis.Units 2 and 3 are vacant. Both of these are one-bedroom, one-bathroom units and in need of updating beforethey could be rented.Unit 4 is a two-bedroom, one-bathroom unit. It is currently owner-occupied.Unit 5 is a three-room unit that could be leased as an office after it is updated.Basement:The basement, for the most part, is unfinished and used for storage. There are storage lockers for the tenantsand a 3-fixture restroom with a shower.
  5. 5. Maps & Land Use
  6. 6. 1st Floor Commercial AreaProperty Pictures
  7. 7. 2nd Floor Residential AreaProperty Pictures
  8. 8. Property PicturesBasement, Garage & Surrounding Area
  9. 9. Contact InformationProspectus AuthorMichael Filemmfile@mac.com281-536-8486Listing BrokerJim Garryjimgarry@hotmail.com630-893-2600
  10. 10. Contact InformationProspectus AuthorMichael Filemmfile@mac.com281-536-8486Listing BrokerJim Garryjimgarry@hotmail.com630-893-2600

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