Villa Park, IL 60181,353-357 S Ardmore AVE

$590,000

$625,000

5.6%
Est.Price: ?

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Est. payment /mo

6,400 SqFt


SOLD DATE : 01/30/2020

Key Details

Sold Price $590,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $92

MLS Listing ID 10566906

Sold Date 01/30/20

Year Built 1941

Annual Tax Amount $15,377

Tax Year 2018

Lot Dimensions 41 X 178

Property Sub-Type Mixed Use

Property Description

Two story mixed use building with 3 ground floor retail stores and 5 2nd floor apartments. The building has been well taken care of by it's current owner who is moving into retirement. Mechanical systems are up to date with a steam boiler and hot water heater having been replaced in the last few years. Most of the apartments have been remodeled in the last few years and are all in excellent condition and fully occupied. The storefronts are occupied by long term tenants of 10 or more years and consist of an upholstery shop, a dry cleaning and tailoring establishment (no on site cleaning is done here), and a Real Estate office. There is also a 2 car garage which is is occupied by the upholstery shop (1/2) and the other half is used by the current owned who may want to stay on as a tenant for a while. Parking is available on site for tenants and on the street during business hours. This is a well maintained and smooth running building that generates consistent returns and should continue to do so for many years to come..

Location

State IL

County Du Page

Area Villa Park

Zoning COMMR

Interior

Cooling Wall Sleeve

Flooring Carpet, Varies

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sewer-Storm Available, Water-Municipal, Water to Site

Roof Type Membrane,Reflective Coating

Building

Level or Stories 2

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by John Gillespie • RE/MAX Action
Bought with Tom Fosnot • J.W. Reedy Realty
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