865 Elmhurst Rd | Des Plaines, IL 60016
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865 Elmhurst Rd
Des Plaines, IL 60016
MYEYEDR. · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Healthcare properties are highly sought-after investments for their insulation from e-commerce competition and resistance to economic downturns.
- Since its founding in 2001, MyEyeDr has become a major competitor in the eye care industry and currently has 800+ vision centers across the US.
- The practice at this property was purchased by MyEyeDr in 2020. They signed an initial 5-year lease with options and are still in the base term.
- The US optometry market is currently valued at $63B and is expected to grow at a CAGR of almost 4% from now until 2027.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
5,600 SF
Building Class
C
Year Built/Renovated
1964/2020
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,600 SF
Building FAR
0.21
Lot Size
0.62 AC
Zoning
C3 - General Commercial District
Parking
19 Spaces (3.39 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 08-24-100-012-0000 | Improvements Assessment | $42,598 |
| Land Assessment | $74,813 | Total Assessment | $117,411 |
PROPERTY TAXES
Parcel Number
08-24-100-012-0000
Land Assessment
$74,813
Improvements Assessment
$42,598
Total Assessment
$117,411
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