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5901 Dempster St 926 - 1,950 SF Office Condo Units Offered at $330,000 - $706,000 Per Unit in Morton Grove, IL 60053
INVESTMENT HIGHLIGHTS
- Commercial condominiums, available for sale, sale-leaseback and lease. 11-12% CAP rates!
- Private parking on site (40 spots) and then shared parking next door (60 spots).
- Enjoy the abundance of natural light that floods the interiors, creating an inviting and energizing atmosphere for employees and clients alike.
- These modern, state-of-the-art spaces offer a dynamic environment for businesses seeking a strategic location and a prestigious address.
- With their sleek and modern aesthetics, these commercial condos boast a versatile layout that can be tailored to accommodate various needs.
- Situated in a prime location that offers easy access to major transportation routes and a host of amenities.
EXECUTIVE SUMMARY
Commercial Office Condos for sale. These meticulously designed spaces embody the perfect blend of functionality and sophistication, offering an ideal setting for businesses to thrive. With their sleek and modern aesthetics, these commercial condos boast a versatile layout that can be tailored to accommodate various industries and business needs. Enjoy the abundance of natural light that floods the interiors, creating an inviting and energizing atmosphere for employees and clients alike. Situated in a prime location, these commercial condos offer easy access to major transportation routes and a host of amenities. There is a CVS adjacent to the building, and any overflow parking can park there. Any or all spaces may be combined to make a larger space. Each condo has their own RTU, electrical panel/ breaker box & water meter. One water bill is pro rated amongst the percentage of building SF occupied per each condo owner. Private parking on site (40 spots) and then shared parking next door (60 spots).
PROPERTY FACTS
| Total Building Size | 13,150 SF | Typical Floor Size | 6,575 SF |
| Property Type | Office | Year Built | 2010 |
| Building Class | B | Lot Size | 0.51 AC |
| Floors | 2 | ||
| Zoning | C-1 - Commercial | ||
| Total Building Size | 13,150 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 6,575 SF |
| Year Built | 2010 |
| Lot Size | 0.51 AC |
| Zoning | C-1 - Commercial |
AMENITIES
- Atrium
- Bus Line
- Security System
- Central Heating
- Direct Elevator Exposure
3 UNITS AVAILABLE
Unit 100
| Unit Size | 926 SF | Cap Rate | 7.00% |
| Price | $330,000 | NOI | $23,100 |
| Price Per SF | $356.37 | No. Parking Spaces | 50 |
| Condo Use | Office | Sale Conditions | Sale Leaseback |
| Sale Type | Investment |
| Unit Size | 926 SF |
| Price | $330,000 |
| Price Per SF | $356.37 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| NOI | $23,100 |
| No. Parking Spaces | 50 |
| Sale Conditions | Sale Leaseback |
SALE NOTES
Welcome to a world of boundless possibilities in the heart of the thriving commercial district! Real Broker LLC is proud to present our exclusive collection of commercial condominiums, available for sale, sale-leaseback and lease. These modern, state-of-the-art spaces offer a dynamic environment for businesses seeking a strategic location and a prestigious address. Whether you're a startup, an expanding enterprise, or an established brand, our commercial condos are designed to meet your unique needs and propel your success. Contact listing broker for more details or refer to brochure!!
Unit 200
| Unit Size | 1,950 SF | Cap Rate | 8.50% |
| Price | $706,000 | NOI | $60,010 |
| Price Per SF | $362.05 | No. Parking Spaces | 50 |
| Condo Use | Office | Sale Conditions | Sale Leaseback |
| Sale Type | Investment |
| Unit Size | 1,950 SF |
| Price | $706,000 |
| Price Per SF | $362.05 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| NOI | $60,010 |
| No. Parking Spaces | 50 |
| Sale Conditions | Sale Leaseback |
SALE NOTES
Welcome to a world of boundless possibilities in the heart of the thriving commercial district! Real Broker LLC is proud to present our exclusive collection of commercial condominiums, available for sale, sale-leaseback and lease. These modern, state-of-the-art spaces offer a dynamic environment for businesses seeking a strategic location and a prestigious address. Whether you're a startup, an expanding enterprise, or an established brand, our commercial condos are designed to meet your unique needs and propel your success. Contact listing broker for more details or refer to brochure!!
Unit 203
| Unit Size | 1,315 SF | Condo Use | Office |
| Price | $349,503 | Sale Type | Owner User |
| Price Per SF | $265.78 |
| Unit Size | 1,315 SF |
| Price | $349,503 |
| Price Per SF | $265.78 |
| Condo Use | Office |
| Sale Type | Owner User |
SALE NOTES
Welcome to a world of boundless possibilities in the heart of the thriving commercial district! Real Broker LLC is proud to present our exclusive collection of commercial condominiums, available for sale, sale-leaseback and lease. These modern, state-of-the-art spaces offer a dynamic environment for businesses seeking a strategic location and a prestigious address. Whether you're a startup, an expanding enterprise, or an established brand, our commercial condos are designed to meet your unique needs and propel your success. Contact listing broker for more details or refer to brochure!!
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5901 Dempster St
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