400 W Belden Ave, Addison, IL, 60101

400 W Belden Ave Addison, IL 60101

Addison
FOR SALE FOR LEASE
Property Type:
Warehouse
Amount:
Please Call Broker for Price

Last Verified:
Aug 27, 2024

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Description

** OWNER / USER OPPORTUNITY **

Located in Addison, IL, this incredible 12,190 SF building offers a fantastic investment opportunity. Equipped with 4 separate units, 400 Belden Ave allows an investor to expand their portfolio for returns.
Owner - Occupier scenario availability as well.
2,000 SF available October - 2024

Seize the opportunity to lease 2,000 square feet of versatile commercial space in the thriving area of Addison, IL. This property features a clear height of 14 feet, making it ideal for various business operations. The space includes one drive-in door, facilitating easy access for loading and unloading.

In the bustling industrial heart of Addison, IL, the exceptional 12,190 SF building at 400 Belden Ave represents an investment opportunity. A rare multi-tenant industrial property, where four units. Each contributes to a robust, steady income stream. Subject to DuPage County Taxes and possessing excellent highway accessibility to I-355, I-290, Rte. 53 and Rte. 83, 400 Belden Ave., offers a fantastic opportunity. Additionally, this property has had recent interior office upgrades made and offers ample parking to tenants.

In a market where vacancies can be a concern, this property shines with a coveted 100% occupancy rate, underscoring its desirability and strategic location. The tenants are firmly rooted, drawn by the village's vibrant industrial ecosystem and the building's versatile, well-maintained spaces.

This is more than just real estate; it's a gateway to expanding your portfolio with confidence. Each unit at 400 Belden Ave stands ready to deliver reliable returns, making this property a cornerstone investment in Addison's thriving industrial landscape.


Year Built: 1960
Building Size: 12190sq ft
Lot Size: 0.54 acres

Units for Lease

400 Belden Ave
Space Available: 2000 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $13.50

Map of 400 W Belden Ave, Addison, IL, 60101

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.