Closed

$520,000

Favorite

3,400

square ft

3560 E 118th Street

CHICAGO, Illinois 60617

Closed / MLS #9227494 / Office / Tech / Hegewisch

Listing information updated 10/6/2016 at 2:11am

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

Acreage:

.66

Built:

1985

Parking Spaces:

Cooling System:

Central Air

Stories:

Roof:

Membrane

Current Use:

Office and Research

Potential Use:

Commercial, Office and Research

Zoning:

COMMR

# of Drive-In Doors:

Rentable Square Feet:

3,400

Building Square Feet:

3,400

Current Net Income:

$52,755

Taxes & Assessments

Tax Amount:

$11,744

Tax Year:

N/A

Location

Zip Code:

60617

City:

Chicago

County:

Cook

Listing Office: Ryan Hill Realty, LLC

Listing Office Phone: 630.718.0424

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/6/2016 at 2:11am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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3560 E 118th Street is a office / tech which sold for $520,000. This office / tech has been listed on @properties since May 16th, 2016 and was built in 1985.