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bedrooms Active Under Contract
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
8,000
acreage
Acreage
0.43
open houses
Open Houses
-
year built
year built
1983
full baths
Full Baths
0
half baths
Half Baths
0
Introducing a prime investment opportunity! This recently remodeled 8000 square foot office building boasts a total lot size of 18,825 square feet, making it an exceptional commercial property. Featuring 6,350 square feet of net leasable space, this two-story office building is currently fully leased, with lease renewals in place. First floor commands $5,000 per month, and second floor commands $6,000 per month resulting in a total income of $11,000 per month. Ample parking with 18 spots, ensuring convenience for tenants and visitors. The second floor is accessible by stairs and an elevator, with accommodations for handicap access. Cap rate at 10.69%! The property's proximity to major highways and expansive shopping malls enhances its appeal to tenants. Conveniently located just minutes away from the historical La Grange and the Metra train station, this property offers easy access to transportation and amenities. With numerous recent updates, this property presents an attractive turnkey opportunity for new owners. The strategic location, strong rental income, and minimal need for additional investment make this a compelling addition to any investment portfolio. Don't miss out on the chance to acquire this income-generating property in a sought-after location. Schedule a showing today and seize this lucrative investment opportunity. Listed at or above appraisal value!
Location
Subdivision -
County Cook
Elementary School -
Middle School -
High School -
Exact location data not provided
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open houses Open houses
None scheduled.
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MLS number: 12218608
Listing agent: Ivan Zecevic #475179430
Listing broker: Compass Real Estate
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, January 14 2025 at 11:38 p.m. EST
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