Courtesy of Kinzie Brokerage LLC

3330 W 177th Street Unit: 2A-C

Hazel Crest, IL, 60429

$3,400,000

$54 per ft²
$3,400,000
$54 per ft²
Active
Active
 - For Sale
carpenters-square
62,000 ft²
property_type
Commercial
calendar
Built 2007
This offering is for the purchase of 3 of the 21 condos located in this 3-story building with an abundance of parking, covered drop off entry, modern elevators, and wet sprinkler system. Multi-tenant condo medical center built in 2007 located just a block west of Kedzie and 1.5 miles south of I-80 with nearby access to I-57 and I-294. The 62,000 square foot center is situated on several acres of a planned development and is across the street from Advocate South Suburban Hospital. This proximity to the hospital provides a competitive advantage for condo owners and tenants that include a pharmacy and multiple diverse medical professionals with primary and ancillary medical services. The offering also includes 3 condos totaling 12,800 square feet which is nearly 75% of the second floor. The 3 condos are 80% occupied with multi-year tenants including a foot doctor and a physical therapist. The seller is one of the tenants and is willing to sign a long-term lease or vacate if the buyer wishes to become an owner occupant. This flexibility presents an excellent opportunity to purchase these 3 condos in a well-located anchored center that is cash flowing, while maintaining the ability to add value through lease-up of some remaining vacant spaces. Individual units are also available for sale, please ask listing agent for details. Lease terms and HOA documents available by request from LA, tenants are currently paying $21NNN. Multiple PINs ending in 1008, 1009 & 1010. See attached brochure.
MLS® ID:
10838251
Listed:
8/27/20
Updated:
9/30/22
Keller Williams Realty
Caroline Cunningham

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air, Central Individual

Exterior/Building Features

Lot Size
6.81 acres lot

Other Property Details

Area Name
Hazel Crest
Taxes
$94056
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
300.0
View
N
County
Cook
Pool
No
Total Stories
3
Zoning
OFFIC

 

Courtesy of Kinzie Brokerage LLC

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Caroline Cunningham are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 9/30/22. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Data last updated 12:56 PM UTC, 9/30/22

 

 

Keller Williams Realty
Caroline Cunningham
Contact