Investment Overview

Marcus & Millichap is pleased to present 9242 Broadway Avenue, a two-unit mixed-use building located in Brookfield, IL. The village of Brookfield is located approximately 13 miles west of Chicago’s Loop and can be accessed via Interstate 290, Interstate 55 or via the Metra BNSF line, which serves three stations in the area. Brookfield is home to the world-famous Brookfield Zoo; which draws millions of visitors to the city since it’s opening in 1934. The subject property is located in downtown Brookfield’s business district and situated next to SE Gross Middle School, Brookfield Fire Department, Madlin Park, and numerous bus stops. 9242 Broadway consists of one three-bedroom / one and one-half bathroom unit (approximately 1,450 square feet) and one ground-floor retail space (approximately 1,450 square feet), currently occupied by a long-standing hair salon. Tenants are responsible for their own heat and electricity. The building features a pylon sign, on-site laundry, four parking spaces in rear and ample street parking. This opportunity allows a new investor the ability to acquire a value-add, mixed-use asset located in desirable downtown Brookfield location. Perfect for an owner-user investor or a value-add investor, who can increase cashflow by bringing rents to market through unit renovations.