Properties

Features
: Central Air , Central Individual
Address Map
US
IL
Cook
Hazel Crest
60429
177th
3330
Street
W88° 18' 19.5''
N41° 34' 18.2''
Kedzie to 177th St then west to building....north side of the street
Hazel Crest
Hazel Crest
W
W
2A-C
OFFIC
Additional Information
62000
: Condominium
Circuit Breakers
Circuit Breakers
496X597
3
3
3
Kinzie Brokerage LLC
Jeffrey Schultz
Financial
94056
Listing Information
874108
88350
MRED
Listing Information
Active
2024-08-17T08:13:05Z
2020-09-22T05:06:07Z
Property Description

This offering is for the purchase of 3 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 also includes 3 condos totaling 12,800 square feet which is nearly 75% of the second floor. The 3 condos are 80% occupied with multi-year tenants including a foot doctor and a physical therapist. The seller is one of the tenants and is willing to sign a long-term lease or vacate if the buyer wishes to become an owner occupant. This flexibility presents an excellent opportunity to purchase these 3 condos in a well-located anchored center that is cash flowing, while maintaining the ability to add value through lease-up of some remaining vacant spaces. Individual units are also available for sale, please ask listing agent for details. Lease terms and HOA documents available by request from LA, tenants are currently paying $21NNN. Multiple PINs ending in 1008, 1009 & 1010. See attached brochure.

Commercial Sale For Sale

, Bremen Township, Cook County, Illinois 60429, USA

$3,400,000
Listing ID#10838251
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 10838251
Price : $3,400,000
Year Built : 2007
Listing Status : Active
Property Sub Type : Medical
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