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3330 W 177th St
12,800 SF Office/Medical Unit Offered at £2,676,888 in Hazel Crest, IL 60429
Property Facts
Price | £2,676,888 | Building Class | B |
Unit Size | 12,800 SF | Number of Floors | 3 |
No. Units | 1 | Typical Floor Size | 20,666 SF |
Total Building Size | 62,000 SF | Year Built | 2007 |
Property Type | Office (Unit) | Lot Size | 6.89 AC |
Property Subtype | Medical | Parking Ratio | 5.06/1,000 SF |
Sale Type | Investment or Owner User | Sale Conditions | Portfolio Sale |
Price | £2,676,888 |
Unit Size | 12,800 SF |
No. Units | 1 |
Total Building Size | 62,000 SF |
Property Type | Office (Unit) |
Property Subtype | Medical |
Sale Type | Investment or Owner User |
Building Class | B |
Number of Floors | 3 |
Typical Floor Size | 20,666 SF |
Year Built | 2007 |
Lot Size | 6.89 AC |
Parking Ratio | 5.06/1,000 SF |
Sale Conditions | Portfolio Sale |
1 Unit Available
Unit 2a-2c
Unit Size | 12,800 SF | Sale Type | Investment or Owner User |
Price | £2,676,888 | No. Parking Spaces | 50 |
Price Per SF | £209.13 | Sale Conditions | Portfolio Sale |
Unit Use | Office/Medical | APN/Parcel ID | 28-35-204-039-1008, 28-35-204-039-1009, 28-35-204-039-1010 |
Unit Size | 12,800 SF |
Price | £2,676,888 |
Price Per SF | £209.13 |
Unit Use | Office/Medical |
Sale Type | Investment or Owner User |
No. Parking Spaces | 50 |
Sale Conditions | Portfolio Sale |
APN/Parcel ID | 28-35-204-039-1008, 28-35-204-039-1009, 28-35-204-039-1010 |
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.
Sale Notes
Prime investment opportunity or owner occupant.
Major Tenant Information
TENANT | SF OCCUPIED | LEASE END DATE |
---|---|---|
Forever Fit Health Center | 6,191 SF | - |
Chandra Diagnostic Cardiology | 6,096 SF | June 2018 |
Neurology Centers of Chicago | 5,379 SF | - |
ATI Physical Therapy | 5,057 SF | - |
The Link & Option Center Inc. | 4,526 SF | - |
Midwest Family & Community Resources | 4,123 SF | - |
South Suburban Pharmacy | 4,062 SF | - |
Keystone Orthopedics | 4,013 SF | - |
Southwest Eye Center | 3,019 SF | - |
Advocate Health Care | 3,000 SF | - |
Amenities
- 24 Hour Access
- Bus Route
zoning
Zoning Code | B-2, Hazel Crest (Medical building) |
B-2, Hazel Crest (Medical building) |
Presented by
3330 W 177th St
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