Welcome to 800 Hillgrove
Coldwell Banker and The Dawn McKenna Group are pleased to present 800 W. Hillgrove, located on the premier corner of downtown Western Springs.
This 21,215 square foot, two story, elevator building is currently 97% occupied and has a great tenant mix that includes DeVanti Enoteca, Hillgrove Tap, State Farm, Planet Forward and two established dental practitioners. Located directly across the street from the Metra station, the building is situated upon .66 acres and has 84 dedicated parking spaces and additional street parking.
Investment Highlights
- Premier corner of downtown Western Springs located on Wolf Road and Hillgrove Avenue
- 97% occupied with great tenant mix
- Superior demographics
- $125,000 median income
- Western Springs is one of the most sought after places to live in the State of Illinois
- Brick building built in 2004 and expanded upon in 2008 with 84 dedicated parking spaces
- 10 total units
- 21,215 square feet
- $661,222 in revenue
- -$228,705 in expense
- $432,518 NOI
- 7.50% cap rate
- 46 800 Hillgrove parking spaces
- 34 village/commuter spaces during the day
- 80 total parking spaces
