6600 W College Dr
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
thank you
Your email has been sent!
6600 W College Dr
12,864 SF 47% Leased Office Building Palos Heights, IL 60463 £781,668 (£61/SF)
Investment Highlights
- Value Add Property
- 60 Parking Spaces
- 8 Common Area Restrooms
- 2-Story Office Building
- Electric Monument Signage
Executive Summary
This attractive two-story office building, spanning 12,864sf is ideal for corporate, educational, or medical use. It enjoys a prime location with excellent visibility on College Drive, providing convenient access to public transportation, highways, and variety of dining and shopping options nearby. Situated in the business-friendly area of Palos Heights, near Palos Hospital (Northwestern Medicine), the building offers multiple entry and exit points, making it easily accessible for multiple tenants. First-floor units are available, with the flexibility to customize spaces to suit your specific requirements. The property includes ample parking (60 spaces) in a newly updated lot with modern lighting. This building offers a wealth of opportunities, whether you're an investor or owner a user.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£61,648
|
£4.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£61,648
|
£4.74
|
| Taxes |
£42,575
|
£3.28
|
| Operating Expenses |
£18,463
|
£1.42
|
| Total Expenses |
£61,038
|
£4.70
|
| Net Operating Income |
£610
|
£0.05
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £61,648 |
| Annual Per SF | £4.74 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £61,648 |
| Annual Per SF | £4.74 |
| Taxes | |
|---|---|
| Annual | £42,575 |
| Annual Per SF | £3.28 |
| Operating Expenses | |
|---|---|
| Annual | £18,463 |
| Annual Per SF | £1.42 |
| Total Expenses | |
|---|---|
| Annual | £61,038 |
| Annual Per SF | £4.70 |
| Net Operating Income | |
|---|---|
| Annual | £610 |
| Annual Per SF | £0.05 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,864 SF
Building Class
B
Year Built/Renovated
1980/2023
Price
£781,668
Price Per SF
£61
Percent Leased
47%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,432 SF
Building FAR
0.21
Lot Size
1.38 AC
Zoning
B, Palos Heights
Parking
60 Spaces (4.66 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Kitchen
- Central Heating
- Air Conditioning
1 of 1
PROPERTY TAXES
| Parcel Number | 24-30-201-033-0000 | Total Assessment | £140,652 (2024) |
| Land Assessment | £82,157 (2024) | Annual Taxes | £42,575 (£3.31/sf) |
| Improvements Assessment | £58,494 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
24-30-201-033-0000
Land Assessment
£82,157 (2024)
Improvements Assessment
£58,494 (2024)
Total Assessment
£140,652 (2024)
Annual Taxes
£42,575 (£3.31/sf)
Tax Year
2023
1 of 36
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
6600 W College Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.