Active

(Address Confidential)

Chicago, Illinois 60643


Kathy Jensen
773.757.8864

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$1,075,000


Square Footage
10,000

Property Type
Office / Tech
Neighborhood
Morgan Park


Commercial office portfolio investment opportunity with tremendous upside potential or value-add for investor -or- owner occupant at a competitive 10% cap rate priced well below replacement cost. Asset consists of two commercial office structures: 11750 Building consists of a two-story +/- 4000 SF office building currently leased to Congressman Bobby Rush / First Congressional District Office guaranteed by the U.S. Congressional Budget Office. 11740 Building is approximately 6000 SF leased to financial services firm. Positioned on approximately 13,875 SF of land offering approximately 30 parking stalls. Well-maintained building with new TPO roofing systems (2017), new HVACs on 11750, recent build in 11740 and parking lot resurface for 2018. Easily accessible from major thoroughfares. Located In Chicago's Beverly Hills/Morgan Park neighborhood offering an impressive residential, retail and cultural balance in one of Chicago's most historic communities. Attractively priced!



Full Features
Built: 1964
Parking Spaces: 30
Cooling System: Central Air
Stories: 2
Zoning: COMMR
Rentable Square Feet: 6,000
Building Square Feet: 10,000
Current Net Income: $10,750


Taxes & Assessments
Taxes: $28,222

Listing Office: First In Realty Executives Inc

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Morgan Park

Morgan Park is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles, including…

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Nearby Public Transportation

Metra
Rock Island District, Metra Electric Blue Island Branch

at 119th St Metra (0.50 miles away), S Ashland Ave Metra






(Address Confidential) Chicago, Illinois 60643 is a office / tech property, currently listed at $1,075,000. Want to learn more about (Address Confidential) Chicago, Illinois 60643? Contact an @properties agent to request more info.


© 2018 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.