400 Ashland Avenue, RIVER FOREST IL 60305 Photo 1 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 2 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 3 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 4 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 5 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 6 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 7 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 8 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 9 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 10 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 11 400 Ashland Avenue, RIVER FOREST IL 60305 Photo 12
Listing Courtesy of Charles Rutenberg Realty of Il

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400 Ashland Avenue - This property consists of six office spaces (approximately 174 through 867 square feet) and one one-bedroom / one-bathroom with den unit (approximately 953 square feet). Since 2013, the subject property has been fully renovated and features newer offices with high-end finishes, carpet, hardwood floors, acoustical ceilings, lighting and skylights, newer mechanicals, electric, plumbing, storefront windows, doors, as well as bathrooms and kitchenette. Current owners constructed a one bedroom apartment unit. This rezoning of the property from Commercial to Mixed-Use has since reduced taxes approximately 62 percent since 2012. The one-bedroom / one-bathroom apartment unit contains condo quality finishes (wood flooring, shaker cabinets, granite counter tops, stainless steel appliances, in-unit washer/dryer) Schedule a showing today! Virtual Tour

Listing information

  • MLS® ID: 09314508
  • Status: Active
  • New Construction: No
  • Lot Size: 54 X 157
  • Style: Office
  • Stories: 1
  • Foreclosure: No
  • Estimated Annual Taxes: $15,011
  • Year Built: 1955
  • Parking Type Description: None 0 cars
  • Lot Area: 0.19
  • County: Cook

Features

Air Conditioning Central Individual
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Concrete Block
Current Use Commercial, Office and Research
Electrical Service Circuit Breakers
Fire Protection Other
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Northwest Suburban
Heat/Ventilation Central Bldg Heat, Hot Water
Information 24-Hr Notice Required
Location Mixed Use Area
Other # Of Drive In Doors - 0, # Of TL Docks - 0, # Of Units - 7, Approx Total Bldg Sq Ft - 4887, Gross Rentable Area - 4887, Gross Rental Income $ - 8715, Net Oper Income $ - 64336, Net Operating Income Year - 2015, Net Rentable Area - 3947, Tax Year - 2014, Total Annual Exp - 35015, Total Annual Income - 104580, Total Monthly Income - 8715, Township - River Forest, Zoning Type - Commr
Outdoor Parking 1-5 Spaces
Ownership Type Limited Partnership
Potential Use Commercial, Office and Research, Retail
Property Offered For Sale Only
Property Type Office/Tech
Tenant Pays Other
Unincorporated (Y/N) No
Listing Courtesy of Charles Rutenberg Realty of Il