Description
Tremendous opportunity to lease 3770+ square feet of commercial office/retail space in the heart of the medical district of Oak Park. Prior use was an immediate care facility. It has 9 exam rooms, two kitchenettes, two bathrooms, offices, a spacious and gracious entrance/waiting area, basement storage and more. Almost ready to go for the right tenant. Residential tenant upstairs pays all utilities except property taxes on a lovely, remodeled 3 bedroom, 2 bath unit. BUILDING IS ALSO FOR SALE. Tenant on the second floor pays $2,025/month plus utilities. Exterior parking in the back. Projected cap rate at stabilization at asking is 12.27!!! ($100K projected NOI / $815000 = 12.27).
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Tremendous opportunity to lease 3770+ square feet of commercial office/retail space in the heart of the medical district of Oak Park. Prior use was an immediate care facility. It has 9 exam rooms, two kitchenettes, two bathrooms, offices, a spacious and gracious entrance/waiting area, basement storage and more. Almost ready to go for the right tenant. Residential tenant upstairs pays all utilities except property taxes on a lovely, remodeled 3 bedroom, 2 bath unit. BUILDING IS ALSO FOR SALE. Tenant on the second floor pays $2,025/month plus utilities. Exterior parking in the back. Projected cap rate at stabilization at asking is 12.27!!! ($100K projected NOI / $815000 = 12.27).
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