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Listed by Jeffrey Schultzof Kinzie Brokerage LLC
$ 795,000
Est. payment | /mo
62,000 SqFt
$ 795,000
Est. payment | /mo
62,000 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 62,000 sqft
Price per Sqft $12
MLS Listing ID 12289914
Year Built 2007
Annual Tax Amount $15,942
Tax Year 2023
Lot Dimensions 496X597
Property Sub-Type Office/Tech
Property Description
This offering is for the purchase of 2 of the 21 condos located in this 3-story building with an abundance of parking, covered drop off entry, modern elevators, and wet sprinkler system. Multi-tenant condo medical center built in 2007 located just a block west of Kedzie and 1.5 miles south of I-80 with nearby access to I-57 and I-294. The 62,000 square foot center is situated on several acres of a planned development and is across the street from Advocate South Suburban Hospital. This proximity to the hospital provides a competitive advantage for condo owners and tenants that include a pharmacy and multiple diverse medical professionals with primary and ancillary medical services. The offering includes 2 condos totaling 4,681 occupied by a multi-year physical therapist tenant. The tenant is under a long term lease thru 3.28.28. Lease terms and HOA documents available by request from LA. Multiple PINs ending in 1008 and 1009. See attached brochure.
Location
State IL
County Cook
Zoning OFFIC
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
View Y/N true
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