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4544 W 103rd St
Oak Lawn, IL 60453
100% Occupied Medical & Professional Complex · Office Property For Sale
Investment Highlights
- 100% Occupied Office Building Leased to a Mix of Medical and Professional Tenants | 9.40% CAP Rate at List Price and a Cash on Cash Return of Over 14%
- Diverse Suite Size with 10% of the GLA Configured as Micro-Suite / Co-Working Space | Allowing for Tenant Replacement With Minimal TI Dollars
- Exceptionally Well Maintained Building | Over $230,000 in Capital Expenditures over the Last Six Years, Including Two New Roofs
- High Visibility Location on 103rd Street in Oak Lawn - Exposure to Over 23,000 Vehicles Per Day
- Landlord Currently has a Waiting List of Prospective Tenants
- Strong Demographics - 163,000+ People Live Within 3 Miles of the Property, Average Household Income is +$86k within 3 miles
Property Facts
Property Type
Office
Building Size
30,981 SF
Building Class
B
Year Built
1975
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,333 SF
Slab To Slab
10’
Building FAR
1.87
Lot Size
0.38 AC
Zoning
Commercial - Office
Parking
112 Spaces (7 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Property Manager on Site
- Signage
Property Taxes
| Parcel Number | 24-10-300-095-0000 | Improvements Assessment | $220,684 |
| Land Assessment | $41,270 | Total Assessment | $261,954 |
Property Taxes
Parcel Number
24-10-300-095-0000
Land Assessment
$41,270
Improvements Assessment
$220,684
Total Assessment
$261,954
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