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Mixed-Use

Downtown Brookfield Mixed-Use

9242 Broadway Ave, Brookfield, IL 60513

Listing Price: $310,000

Cap Rate
5.21%
Number of Units
1
Occupancy
100.0%
Price/Unit
$310,000
Price/Gross SF
$106.90
Gross SF
2,900

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.

Investment Highlights

  • Downtown Brookfield's Business District
  • Value-Add | Owner-Use Opportunity
  • Established Retail Tenant
  • Pylon Sign, Laundry and On-Site Parking
  • Close Proximity to Schools, Parks and Transportation

Exclusively Listed By

Financing By

Mixed-Use

Downtown Brookfield Mixed-Use

Listing Price: $310,000

Cap Rate
5.21%
Number of Units
1
Occupancy
100.0%
Price/Unit
$310,000
Price/Gross SF
$106.90
Gross SF
2,900

Investment Highlights

  • Downtown Brookfield's Business District
  • Value-Add | Owner-Use Opportunity
  • Established Retail Tenant
  • Pylon Sign, Laundry and On-Site Parking
  • Close Proximity to Schools, Parks and Transportation

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.

Exclusively Listed By

Financing By

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