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Listed by Jacqueline Montvidasof Olivieri Real Estate LLC
$ 7,100,000
Est. payment /mo
Active
13011 S 104th Avenue Palos Park, IL 60464
36,622 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 36,622 sqft
Price per Sqft $193
MLS Listing ID 12578394
Year Built 2004
Annual Tax Amount $209,956
Tax Year 2024
Lot Size 5.830 Acres
Lot Dimensions 412x614x412x612
Property Sub-Type Office/Tech
Property Description
Discover a PRIME opportunity to own a fully leased, turnkey Medical Office building with long-term, stable tenants-many in place for over a decade! Anchored by Heart Care Centers of Illinois, which occupies the entire first floor (18,311 SF) with a lease through 2035 and options extending through 2045, this property delivers reliable, long-term income from day one. The building totals approximately 36,622 square feet and has been professionally managed and meticulously maintained. Built in 2004, this modern, high-quality facility features a prominent marquee for tenant signage, new front sliding doors, rooftop solar panels, ample surface parking, and exclusive covered parking for tenants-enhancing convenience, accessibility, and overall comfort. Situated on 5.83 acres, the expansive site provides generous parking and effortless access for patients and staff. Additionally, Peace Village Senior Living is located directly north of the property and is home to approximately 285 residents. Many residents and employees are patients or clients of the existing tenants, further enhancing convenience and supporting natural cross-referral opportunities within the building. Location, Location, Location: Less than one mile from LaGrange Road with convenient access to major expressways including I-294, I-55, I-57, and I-355, the property is ideally positioned to serve a broad patient base throughout the southwest suburbs and greater Chicagoland area. This is a RARE opportunity to acquire a high-quality, income-producing medical office building in a prime location-an exceptional addition to any investment portfolio.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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