Bob Burkhart
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  • 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
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


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




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