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401 Harrison St 6,602 SF Office Building Oak Park, IL 60304 $2,200,000 ($333.23/SF)
INVESTMENT HIGHLIGHTS
- Newer Roof
- Multiple of offices
- Plenty of parking
EXECUTIVE SUMMARY
This is a prime investment opportunity being offered as a sale-leaseback. With easy access to city transit and major highways, this property is positioned for long-term value.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$231,000
|
$34.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$231,000
|
$34.99
|
| Taxes |
$13,574
|
$2.06
|
| Operating Expenses |
$67,399
|
$10.21
|
| Total Expenses |
$80,973
|
$12.26
|
| Net Operating Income |
$150,027
|
$22.72
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $231,000 |
| Annual Per SF | $34.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $231,000 |
| Annual Per SF | $34.99 |
| Taxes | |
|---|---|
| Annual | $13,574 |
| Annual Per SF | $2.06 |
| Operating Expenses | |
|---|---|
| Annual | $67,399 |
| Annual Per SF | $10.21 |
| Total Expenses | |
|---|---|
| Annual | $80,973 |
| Annual Per SF | $12.26 |
| Net Operating Income | |
|---|---|
| Annual | $150,027 |
| Annual Per SF | $22.72 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- -
For more than a century, Hanger has been at the forefront of orthotic and prosthetic clinical excellence and innovation. Many circumstances, including injury, illness, birth differences, and disease, can lead to the need for an orthotic or prosthetic device. When expert care and innovative solutions are delivered with compassion, education, and individualized attention, the patient journey, even in the face of seemingly insurmountable obstacles, can be empowering. Headquartered in Austin, Texas, Hanger, Inc. is a leading provider of orthotic and prosthetic (O&P) care services and products. The company is comprised of employees across two business segments, Patient Care and Products & Services, operating as an ecosystem of diversified companies delivering complementary solutions to individuals and providers with O&P needs.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Health Care and Social Assistance | - | - | - |
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $181,527 (2024) | |
| Land Assessment | $117,240 (2024) | Annual Taxes | $13,574 ($2.06/SF) |
| Improvements Assessment | $64,287 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
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401 Harrison St
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