Active

3330 W 177th Street Unit: 2A-C

Hazel Crest IL, 60429

$3,400,000


$54.84 per sqft

Active

62,000 sqft

Commercial

Built in 2007

Courtesy of Kinzie Brokerage LLC

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.

10838251

MLS ID

August 28, 2020

Listed

April 18, 2024

Updated

Map

3330 W 177th Street Unit: 2A-C
Hazel Crest IL, 60429

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Central Individual


Heating

No

Exterior/Building Features

Lot Size

6.81 Acres

Other Property Details

Area Name

Hazel Crest


Taxes

$94,056


Tax Frequency

Annually


Days on Market

1311


Garage

No


View

No


County

Cook


Municipality

Bremen


Pool

No


Zoning

OFFIC

Courtesy of Kinzie Brokerage LLC, Jeffrey Schultz,
Listing Contact: 847-420-3550 

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 4/18/2024. 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.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 5:11 PM UTC, 4/18/2024

 

 

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