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Office For Sale • 51,802 SF
| 41,161 SF Multi-Tenant Office Property For Sale (Asking Price $2,150,000) ($52.23 PSF) |
| Existing Cap Rate 8.76% (Currently 90% leased with approx 13 tenants) |
| Unique situation for a user or investor to own and or occupy space & potentially mange or outsource management |
| Affords an Investor Flexibility in leasing space to increase income or selling office condo units to users at a premium price per SF |
| See Links below for 3-D Virtual Tours of select Suites!!! |
| Contact Broker to discuss this Exclusive opportunity to purchase the entire complex 41,161 SF (Asking Price $2,150,000) ($52.23 PSF) |
| Cap Rate: | 8.75 % |
| Total Expenses: | $374,271 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Arlington Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 7 min | - | 3.9 mi |
| Palatine Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 9 min | - | 4.6 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 27 min | - | 15.3 mi |
| Chicago Midway International | 49 min | - | 34.8 mi |
Randy Olczyk
Chicagoland Commercial Real Estate
