This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

5601 Victoria Dr

7,424 SF Vacant Office Building Oak Forest, IL 60452 £306,976 (£41/SF)

Executive Summary

An Opportunity like this rarely knocks to own a great office building on a corner lot on Central and Victoria. Current owner uses as medical offices and has owned bldg for 40years. A large skylit reception area greets you as you enter the bldg. There are 2 large separate spaces on the main floor with a reception area that can access both sides, you could explore renting out the other half. The lower level has been demo'd (electrical has been kept in place) and is a wide open canvas for your own ideas and also for you to see what the main level would look like if you chose to remove the medical offices for other creative uses. There are 32 parking spaces, 2 of which are disabled. There is a disabled ramp down to the lower level. Front and rear entraces are double doored for security and there are two side fireescape entrances. Men's and women's restroom. Perfect for a new business professional or possible residential development. Located across from Oak Forest High School. Do not miss this opportunity! Owner will need a min 60 day leaseback.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,424 SF
Building Class
B
Year Built
1973
Price
£306,976
Price Per SF
£41
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
7,424 SF
Building FAR
0.26
Land Acres
0.67 AC
Zoning
01 - Open Space Zoning
Parking
32 Spaces (4.31 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-17-204-001-0000
Land Assessment
£42,895 (2024)
Improvements Assessment
£46,624 (2024)
Total Assessment
£89,518 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2022
  • Listing ID: 33041369

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 5601 Victoria Dr, Oak Forest, IL 60452

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}