Oakbrook Terrace, IL 60181,1S131 Summit AVE
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Oakbrook Terrace, IL 60181,1S131 Summit AVE
Oakbrook Terrace, IL 60181,1S131 Summit AVE
Oakbrook Terrace, IL 60181,1S131 Summit AVE
Oakbrook Terrace, IL 60181,1S131 Summit AVE

$560,000

Est. payment /mo

$599,000

6.5%
Est.Price: ?

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1S131 Summit AVE Oakbrook Terrace, IL 60181

1,523 SqFt

SOLD DATE : 05/31/2024

Key Details

Sold Price $560,000

Property Type Commercial

Sub Type Office/Tech

Listing Status Sold

Purchase Type For Sale

Square Footage 1,523 sqft

Price per Sqft $367

MLS Listing ID 11918593

Sold Date 05/31/24

Year Built 1955

Annual Tax Amount $4,451

Tax Year 2022

Lot Dimensions 54 X 278

Property Sub-Type Office/Tech

Property Description

Freestanding luxury salon suites in Oakbrook Terrace for Sale or Lease. Highly sought out desirable location by Roosevelt & Butterfield Rd. minutes from IL-83, and 88. Complete renovation down to the studs - new plumbing, new fixtures, new electrical, new roofing, new parking lot... reno cost +/- $400,000 Grandeur finishes - and up to code. A one of a kind opportunity for an investor or owner-operator to acquire a luxurious turnkey property. The space is currently divided into 6 suites with a common area space with a couch and built in wet bar and 2 bathrooms for waiting clients. All suites are currently leased to beauty professionals, including the owner's expansive double suite. Ownership projects an 9.56% CAP rate. Property is also suitable for owner-occupants looking for an upscale office space. Prior to its renovation, the property was a successful dental office.

Location

State IL

County Dupage

Area Oak Brook Terrace

Zoning COMMR

Interior

Cooling Central Air

Flooring Tile, Vinyl, Wood

Fireplace N

Building

Level or Stories 1

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Polly Berry • Winner's Edge, Inc.
Bought with Vipin Gulati • RE/MAX Professionals Select
agent

Carly Jones

Founding Real Estate Advisor

+1(312) 391-3170

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