Price Reduction
Address
9140 BROADWAY Avenue, Brookfield, IL
Price
$ 224,900
Property Attributes
  • MLS#12001891
  • TypeCommercial
  • CountyCOOK
  • CityBrookfield
  • AreaBrookfield
  • NeighborhoodEast Grossdale
  • Zip60513
  • StyleOffice
  • Year Built1950
  • Taxes$ 12031
  • Price$ 224,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1875
  • Lot Size3,125 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

THE FAILLA PROFESSIONAL BUILDING NOW AVAILABLE FOR SALE. THIS ICONIC FAILLA REALTY BUILDING OF OVER 40 YEARS HAS 10 INDIVIDUAL PRIVATE/LOCKED RENTAL SUITES OF VARIOUS SIZES IN FRONT AREA AND REAR AREA AND A 2 CAR GARAGE RENTED IN REAR. BUILDING IS MODERN AND UPDATED WITH CENTRAL AIR. SHARED LARGE RECEPTION AREA AND CONFERENCE/MEETING ROOM IN FRONT. LARGE PRIVATE 3 ROOM SUITE IN THE REAR OF THE BUILDING HAS ACCESS FROM THE FRONT OF BUILDING & A PRIVATE REAR ENTRY. ALL SUITES (FRONT AND REAR) INCLUDES UTILITIES, INCLUDING HEAT, CENTRAL AIR CONDITIONING, WATER & GARBAGE & SHARED RECEPTION ROOM PER CURRENT TERMS. REAR SUITE HAS: CONFERENCE/MEETING ROOM, 2 LARGE PRIVATE OFFICES, AND LUNCH ROOM AREA. 2 CAR DETACHED 400SQ. FT. GARAGE IN REAR OF PROPERTY WITH ALLEY ACCESS ALSO RENTED AS AN ADDITIONAL UNIT. NEWER REAR CEMENT WALKWAYS IN REAR OF PROPERTY IN BACKYARD AREA. FAILLA REALTY, ATTORNEYS, INSURANCE AGENTS, EVENT PLANNERS & OTHER PROFESSIONALS OCCUPY FRONT & REAR. EACH SUITE SHARES COMMON AREA. FRONT WINDOW LETTERING SIGNAGE FOR THE BUSINESS AS PER LEASES. FAILLA REALTY, INC. REALTORS WILL REMAIN IN BUSINESS AND OPEN AS USUAL WITH THE SAME OWNER AND THE SALE OF THIS BUILDING SHALL IN NO WAY CONSTRUE THE CLOSING OF THE REAL ESTATE OFFICE. OWNER/LISTING AGENT IS A LICENSED REAL ESTATE BROKER IN ILLINOIS.

Price History
3/13/2024 Listed $349,900
3/26/2024 8% - $324,900
4/2/2024 24% - $249,900
4/15/2024 11% - $224,900

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal,Water to Site
Possession Immediate
Zoning COMMR
Construction Materials Brick
Year Built 1950
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Township Proviso
Property SubType Office
Tax Year 2021
Current Use Office
Gross Income 44400
County Cook
Net Operating Income 210
Operating Expense 22590
Property Type Commercial Sale
Possible Use Commercial,Office and Research,Retail
Status Active
Directions AT 8 CORNERS BUSINESS DISTRICT ON BROADWAY ACROSS FROM FIRST NATIONAL BANK OF BROOKFIELD
City Brookfield
Total Units 10
MLS Area Brookfield
Lot Size Square Feet 3125
Street Name BROADWAY
Tax Annual Amount 12031
Additional Parcels Y/N No
Leasable Area 625
Days on Market 40
Lease Type Gross
Standard Status Active
Property Type Office/Tech

Interior Features

Flooring Carpet,Tile
Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 1875
Lot Dimensions 25 X 125
Frontage Type City Street,Public Road
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60513

Price
AVG $230K
$220K
Taxes
AVG $16,792
$12,031
Visits
AVG 81
64
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1950

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