15531 W 127th St
Lemont, IL 60439
Office Property For Sale
Investment Highlights
- Established Medical Office
- 4 Exam rooms, Breakroom, Waiting room, Reception area and Nurse's station
- HVAC Updated 2015
- Currently Leased
- Storage Space in Basement
- New Roof 2009
Executive Summary
Investment opportunity to purchase an established medical office condo that is leased to a podiatrist practice. The tenant has one year remaining on the lease and has historically renewed with three year increments. The suite has a NNN lease and is being offered a 10.7% capitalization rate. This turnkey office consists of four exam rooms, breakroom, waiting room, reception, and nurses’ station. The office consists of approximately 1,100sf+/- and a similar sized basement space that is used for storage and mechanical room. HVAC was updated in 2015 and roof was 2009. There is an association in place and the monthly dues are $217 per month. The dues cover costs for the building exterior, lawn maintenance, landscaping, snow removal, and parking lot maintenance.
Property Facts
| Property Type | Office | No. Stories | 1 |
| Property Subtype | Medical | Year Built | 1973 |
| Building Class | B | Parking Ratio | 6.83/1,000 SF |
| Lot Size | 0.64 AC | APN / Parcel ID | |
| Rentable Building Area | 1,100 SF | ||
| Zoning | B-3 | ||
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Lot Size | 0.64 AC |
| Rentable Building Area | 1,100 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 6.83/1,000 SF |
| APN / Parcel ID | |
| Zoning | B-3 |
Amenities
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
