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PNC Bank Anchored Multi-Tenant Buildings
Palos Hills, IL

$1,970,000 USD

Office For Sale  •  22,000 SF

2 Properties View all

Property Details

  • Property Type Office
  • Cap Rate 8.25 %
35 Transit Score
75 Walk Score

Highlights

VALUE ADD OPPORTUNITY | 86% OCCUPANCY
INVESTMENT GRADE ANCHOR | RECENT 10 YEAR RENEWAL | 42% OF REVENUE
HIGH DEPOSIT PNC BRANCH | $241M OF DEPOSITS
BELOW MARKET IN PLACE RENTS | POSSIBLE OWNER USER OPPORTUNITY
WELL MAINTAINED ASSETS | DIVERSE AND COMPLEMENTARY TENANT MIX
20 MILES SOUTHWEST OF DOWNTOWN CHICAGO | STRONG DEMOGRAPHICS

Property Flyers

Cap Rate: 8.25 %

Public Transportation

Commuter RailDriveWalkDistance
Palos Heights Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.4 mi
Worth Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.5 mi
AirportDriveWalkDistance
Chicago Midway International 18 min - 9.8 mi
Chicago O'Hare International 39 min - 27.6 mi
George Ghattas 630-954-7398 Mid-America Real Estate Corp.
George Ghattas 630-954-7398 Mid-America Real Estate Corp.