Bob Burkhart
Direct: (540) 347-4663
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ADDRESS UNAVAILABLE, CHICAGO, 60643

$990,100

  • 10,000 sqft
  • Commercial
100% leased commercial office investment opportunity with tremendous upside potential consisting of two office buildings with shared parking at a competitive 11% cap rate priced well below replacement cost. Asset consists of two commercial office structures: 11750 Building consists of a two-story 4000 SF office building currently leased to Congressman Bobby Rush / First Congressional District Office guaranteed by the U.S. Congressional Budget Office and 11740 Building is approximately 6000 SF leased to financial services firm. Positioned on approximately 13,875 SF of land offering approximately 30 parking stalls. Well-maintained building with new TPO roofing systems (2017), new HVACs on 11750, recent build in 11740 and parking lot reseal & patch 2018. Easily accessible from major thoroughfares. Located In Chicago's Beverly Hills/Morgan Park neighborhood offering an impressive residential, retail and cultural balance in one of Chicago's most historic communities. Attractively priced
Last updated on  12/14/2018
Courtesy of First In Realty Executives Inc

More Details

Property Class: Office-Tech
Listing Status: Active
City: CHICAGO
State: Illinois
Zip: 60643
Township: LAKE
Area: Morgan Park
County: Cook
Class: Commercial
Approx Lot Size: 0.320
Stories: 2
Living Area (SqFt): 10,000 sqft
Stories: 2
Year Built: 1964
Listing#: 10152272
Tax Year: 2017
aaStatusCode: Active

Features

Air Conditioning: Central Air
Fire Protection: Fire Extinguisher/s, None
Geographic Locale: Chicago Southwest
Tenant Pays: Air Conditioning, Common Area Maintenance, Electric, Heat, Janitorial, Repairs and Maintenance, Scavenger, Water/Sewer
Approximate Age: Older
Electrical Service: Circuit Breakers, 0-100 Amps
Heat/Ventilation: Forced Air
Roof Structure: Flat
Construction: Brick, Concrete, Steel
Foundation: Concrete
Outdoor Parking: 19-30 Spaces

Documents

Community

Schools

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than United Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2016 Midwest Real Estate Data LLC. Information deemed reliable but not guaranteed. Copyright notice.


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