1 of 3

2 of 3

3 of 3

•  Media
• Map
• Street View

5153 W 111th St
Alsip, IL 60803 Alsip

$3,255,172 USD

Office For Sale  •  7,040 SF

Property Details

• Property Type Office
• Total Building Size 8,000 SF
• Lot Size 0.47 AC
• Year Built 1984
• Cap Rate 7.25 %

28 Transit Score

52 Walk Score

Highlights

Extremely Passive Investment – This long-term single tenant healthcare investment features a landlord friendly lease structure with minimal landlord r

Extensive 2024 Renovations – The property underwent significant upgrades in 2024, including all new HVAC systems, a fully inspected and warrantied roo

E-Commerce Resistant Tenant – Healthcare operators aren’t prone to the same competition that many retail tenants face. Healthcare properties are highl

Sticky Tenancy – Autism Therapy practices rarely relocate due to difficulty retaining the same patients in a new location, and the high cost of moving

Annual Rental Increases – The site features a 3.00% rental increase in the base term that serve as inflation protection through the growth of cash flo

Cap Rate:

7.25 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Worth Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	-	2.6 mi
Chicago Ridge Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	-	2.6 mi
Airport	Drive	Walk	Distance
Chicago Midway International	15 min	-	8.2 mi
Chicago O'Hare International	45 min	-	31.0 mi