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107 S Bloomingdale Road
Bloomingdale, IL 60108
Michelle Reyes with Inspire Realty Group LLC, original listing - (847) 489-3476
$635,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
2670 Square Feet
Property Description
Discover a prime commercial opportunity located in the"Old Town District" at the intersection of South Bloomingdale Rd and Lake Street in Bloomingdale. This conveniently located property features a versatile commercial building with two distinct office spaces, ideal for separate rentals or combined business endeavor. Situated on a bustling corner, this property benefits from excellent visibility and easy access located right behind the Mobil gas station making it a perfect spot. Each office space is designed to accommodate various business needs, whether you're looking to establish a professional office, retail storefront, or service-based operation. Hallway between both offices has two individual use bathrooms and coffee station. Enjoy convenient onsite parking with 13 dedicated parking spots for both tenants and customers, ensuring ease of access at all times. Capitalize on the high-traffic location with prominent signage options to enhance your business's visibility and brand recognition. The upper office space is a large, light-filled area that boasts an inviting atmosphere, making it perfect for creative workspaces, collaborative projects, or a thriving professional environment. The abundance of natural light enhances productivity and creates a pleasant ambiance. In contrast, the downstairs office features multiple private office rooms, ideal for businesses that require confidentiality and focused work areas. Additionally, it includes a spacious, bright working area that fosters teamwork and collaboration among staff. This is an ideal opportunity for investors, entrepreneurs, or business owners seeking a well-located commercial space in a vibrant community. Don't miss your chance to secure a property that promises both visibility and versatility. Schedule your showing today!
Property Information
Lot Size
0 sqft square ft
Property Type
Commercial Sale-Mixed Use
Year Built
2007
MLS Number
--
Location
Address
107 S Bloomingdale Road
City
Bloomingdale
State
IL
Zip Code
60108
County
DU PAGE (NORTHWEST)
Listing
Name
Phone
(312) 307-2630
Office Name
Office Phone
(847) 489-3476
Agent Name
Michelle Reyes
Agency Phone
(847) 489-3476

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.