40 N TOWER RD
OAK BROOK, IL 60523

$1,000,000

0 Beds

0 Baths

104,544 Sq Ft

Status Active

MLS# 11967253

Huge Price Reduction! Full-service restaurant and banquet facility available in Chicago's affluent suburb of Oak Brook. Ground floor commercial condo beneath 176 residential units. Soaring ceiling heights, hardwood floors, and exposed brick are among the features of this spacious buildout. The site benefits from high traffic counts and strong demographics. Surrounded by office and residential developments, corporate headquarters, and Chicago's #1 suburban retail corridor, this long-time restaurant location can take advantage of lunch and dinner clientele. The property has incredible signage exposure with an awning, lawn and highly visible pylon signage facing Butterfield Rd (Rt. 56). There are also 51 dedicated parking spaces. This location has been a destination restaurant space in the Oak Brook area for over 40 years. Also available for lease at $18/SF NNN. Please do not disturb the tenant's employees or customers.

Details for 40 N TOWER RD

$10 / Sq Ft

0 parking spaces

135 Days on website

2.4 acres lot

Interior

Living Area

104,544 SqFt.

Building And Construction

Property Sub Type

Condominium

Property Type

Residential

Year Built

1976

Exterior And Lot

Lot Size Acres

2.4

Lot Size Square Feet

104544

Zoning

COMMR

Utilities

Cooling

["Central Individual"]

Area And Schools

City

Oak Brook

County Or Parish

DuPage

Financial Info

Buyer Agency Compensation^*

AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT.

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$33,125

Tax Year

2022