Active · For Sale · Office/Tech

402 W Boughton Road, Bolingbrook, IL 60440

MLS #12532457

402 W Boughton Road, Bolingbrook, IL 60440
402 W Boughton Road, Bolingbrook, IL 60440CRER
402 W Boughton Road, Bolingbrook, IL 60440

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402 W Boughton Road, Bolingbrook, IL 60440

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The property

Executive summary

This is an amazing investment opportunity in Bolingbrook. Located on the highly desired Boughton Rd corridor with a traffic count that exceeds 30,000 cars per day. This property comprises of two well maintained brick and cedar buildings consisting of 12,400 rentable sq footage (14560 total building sq footage) and 12 units with an additional .88 Acre Lot. These buildings are ranch style buildings, and each unit consists of separate entrances, utilities, gas forced Heating, central air. And private restrooms. BRAND NEW ROOFS JUST INSTALLED. Building 2 (404 W Boughton Rd) has an unfinished basement area-perfect for storage. These buildings are set on a 1.8 Acre lot with an expansive parking lot providing plenty of parking. Perfect for an owner user, office complex, business headquarters or business center. Great expansion possibilities as well. Roofs are approximately 13 years old, Parking lot resurfaced in 2018.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$231,509
Reported Annual Expenses
$132,090
Estimated NOI
$99,419
Estimated Cap Rate
4.97%
Estimated GRM
8.64
Annual Taxes
$33,937 (2024)

Property Details

Units
12
Building Size
14,560 SF
Lot Size
154,943 SF
Lot Acreage
3.58
Lot Dimensions
323X309X320X406
Stories
1
Year Built
1974
Building Age
36-50 Years
Construction
Brick, Concrete, Steel Siding, Cedar
Roof
Composition
Zoning
OFFIC
Parcel Number
1202101000460000

Operations & Utilities

Heating
Central Heat/Indiv Controls, Forced Air, Gas
Cooling
Central Individual
Tenant Pays
Air Conditioning, Electricity, Heat, Janitorial Service
Electric
Circuit Breakers, Separate Meters
Possession
Closing
Documents Available
Rent Roll, Legal-Description, Existing Survey, Tax Bill, Operating Statement

Location & Use

County
Will
Market Area
Bolingbrook
Township
DuPage
Present Use
Medical/Dental
Potential Use
Commercial, Office, Retail,
Location
High Traffic Area
Frontage
City Street, Public Road

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.