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724 Florsheim Dr
Libertyville, IL 60048
Florsheim Professional Center · Office Property For Sale
Investment Highlights
- 100% leased to Illinois Bone & Joint Institute on a net lease with nearly 10 years of primary term remaining
- Recently executed extension; shows tenant’s commitment to the site
- Neighboring retail and medical tenants include: Walgreens, Mariano’s, Jewel-Osco, ALDI, Trader Joe’s, Menards, Starbucks, and the Advocate Condell Med
- 2.5% annual increases; strong hedge against inflation
- Located in an affluent and dense suburb of Illinois; 115,912 residents with an average household income of nearly $180,300 within 5-miles of the site
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
7,672 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,672 SF
Building FAR
1.00
Lot Size
0.18 AC
Zoning
O-1, Libertyville - Office-Institutional District Zoning
Parking
26 Spaces (4 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 11-27-308-067 | Improvements Assessment | $159,651 |
| Land Assessment | $24,121 | Total Assessment | $183,772 |
Property Taxes
Parcel Number
11-27-308-067
Land Assessment
$24,121
Improvements Assessment
$159,651
Total Assessment
$183,772
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