4727 Willow Springs Rd | La Grange, IL 60525
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- LoopNet Team
4727 Willow Springs Rd
La Grange, IL 60525
La Grange Medical Office Building · Office Property For Sale
Investment Highlights
- La Grange Medical Office is Currently 73% Occupied With Solid Medical Tenants Whom Have Occupied the Space Since 2001
- Value-Add Opportunity Through the Lease Up of The Remaining Vacant Space and Conversation of Modified Gross/Net Leases to NN
- Subject Property Sits Adjacent to A Heavily Traveled Retail Corner Which Includes Walgreens, Starbucks, Marianos, and Hinsdale Orthopedics
- All Tenants Have Annual Rental Increases of Between 2.50-4.00%
- Subject Property is Surrounded By Very Strong Demographics: 101,000+ People Within a 3-Mile Radius & an Average Household Income of Over $146,322/year
- La Grange Medical Office is Ideally Situated Just One Half Mile North of Adventist La Grange Memorial Hospital - A 270 Bed, ER & Level 2 Trauma Center
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
10,500 SF
Building Class
C
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,500 SF
Building FAR
0.26
Lot Size
0.91 AC
Zoning
O-1 - See attached code and permitted medical, office, retail, and service-oriented uses.
Property Taxes
| Parcel Numbers | Improvements Assessment | $209,175 | |
| Land Assessment | $117,627 | Total Assessment | $326,802 |
Property Taxes
Parcel Numbers
Land Assessment
$117,627
Improvements Assessment
$209,175
Total Assessment
$326,802
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