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Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Office/Tech
Listing Status Sold
Purchase Type For Sale
Square Footage 4,960 sqft
Price per Sqft $126
MLS Listing ID 12068845
Sold Date 07/24/24
Year Built 1990
Annual Tax Amount $29,870
Tax Year 2022
Lot Size 0.270 Acres
Lot Dimensions 279X54
Property Sub-Type Office/Tech
Property Description
Prime Commercial Investment Opportunity: Fully Tenanted Property Generating Positive Cash Flow. This property comprises five fully leased suites of varying sizes: 1,395 sqft, 755 sqft, 940 sqft, 730 sqft, 513 sqft, and 126 sqft, totaling 4,459 sqft. catering to diverse business needs including medical, insurance, legal, brokerage, and more. Under current ownership, the property has been meticulously maintained, featuring a new roof and HVAC system installed just seven years ago, coupled with LED lighting upgrades in 2020. Each suite is equipped with its own bathroom, prioritizing tenant privacy and convenience. This investment transcends mere property acquisition; it represents an avenue for value augmentation through strategic enhancements and a steadfast tenancy base.
Location
State IL
County Cook
Zoning OFFIC
Interior
Cooling Central Air, Central Individual, Zoned, Ceiling Fan(s)
Flooring Carpet, Tile, Varies, Vinyl
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Chris Osinubi • Eight Triple Eight Realty LLC
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Owner | License ID: 471019341