5950 159th St | Oak Forest, IL 60452
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- LoopNet Team
5950 159th St
Oak Forest, IL 60452
Office Property For Sale
Investment Highlights
- Strategic Location: High-traffic area with excellent visibility.
- Strong Demographics: 5-mile population of over 233,000 and an average household income within 1 mile of over $98,000
- Lease Term: ±4.58 Years
- Attractive Lease Terms: 10% rental increases every two years, offering significant cash flow boosts and inflation protection.
- Rental Increases: 10% Every Two Years
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
4,514 SF
Building Class
B
Year Built
1964
Building Height
1 Story
Typical Floor Size
4,514 SF
Building FAR
0.10
Lot Size
1.02 AC
Zoning
Commercial
Parking
31 Spaces
Amenities
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 28-17-401-009-0000 | Improvements Assessment | $53,118 |
| Land Assessment | $75,469 | Total Assessment | $128,587 |
Property Taxes
Parcel Number
28-17-401-009-0000
Land Assessment
$75,469
Improvements Assessment
$53,118
Total Assessment
$128,587
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