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
- Visibility – The property is located right off of a state highway that sees over 40,000 vehicles per day.
- Chicago MSA – The Chicago MSA is the largest MSA in the Midwest and the 5th largest in North America.
- Strong Demographics – The site is favorably located in a heavily populated and affluent area.
- Superior Rental Increases – 10% rental increases every two years provide a future owner a boost in cashflow and return on their investment
- Heavy Retail Presence – The subject property is surrounded by shopping centers and national retail tenants
- Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
4,514 SF
Building Class
B
Year Built
2000
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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