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3560 E 118th Street

Chicago, Illinois 60617


Laura Gaan Lattin
312.560.9691

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$520,000


Square Footage
3,400
Laura Gaan Lattin
312.560.9691
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Property Type
Institutional or Developmental
Neighborhood


An amazing investment opportunity with a High CAP RATE! This one Story single unit commercial building is in excellent condition and was recently up-dated. The existing long term tenants: "Advocate Health Group" has just renewed a five year lease (signed 05/15/2016) and are looking to stay long term. Perfect for a first-time investors looking for a safe place to increase their capital or a smart 1031 Exchange tax haven. Owner pays minimal CAM/Taxes. This property is a separate out-parcel lot 28,957 SF located in the heart of Chicago's East-side Commercial District within "East Lake Plaza" 22 minutes from the entrance to i90 Indiana Toll Rd. East Lake Mall is Anchored by: Pete's Fresh Market, TJ Maxx, Planet Fitness, Walgreens, Wendy's, Family Dollar, Dollar Tree, Subway... High Traffic location with plenty of parking on site!!!!



Full Features
Built: 1985
Parking Spaces: 36
Cooling System: Central Air
Stories: 1
Roof: Membrane
Current Use: Office and Research
Potential Use: Commercial, Office and Research
Zoning: COMMR
# of Drive-In Doors: 2
Rentable Square Feet: 3,400
Building Square Feet: 3,400
Current Net Income: $52,755


Taxes & Assessments
Taxes: $11,744

Listing Office: Ryan Hill Realty, LLC

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Nearby Public Transportation

Metra
South Shore

at Hegewisch (2.44 miles away)







3560 E 118th Street Chicago, Illinois 60617 is a institutional or developmental property, which sold for $520,000. Want to learn more about 3560 E 118th Street Chicago, Illinois 60617? Contact an @properties agent to request more info.


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