1,500 sq ft;
lot: 9148 sq ft lot
Commercial: Office/Tech - MLS# 12204722
Tools & Resources:
Description
CHATHAM OFFICE BUILDING for Sale. Built in 1958, this 1,500 sq. ft. brick building is uniquely situated on a HIGLY VISIBLE CORNER. This professional office building has a waiting area, reception office, and THREE/FOUR (3) offices, storage rooms and THREE (3) HALF BATHS. This layout can be adopted for office/medical/retail or other uses. The large 60'x 145' parcel of land lot can can be used for expansion but it currently PARKS 12 to 14 cars. There is also a side parking pad which easily parks 2 (two) cars. The property cab be ideal for an day care, salon, retail store, pet grooming, accounting firm, shared office space.... The janitor closet is generous in size. The furnace, the water heater, AC and electrical appear to be in GOOD CONDITION. Located in the Chatham on the well traveled King Drive this handicapped accessible property could be the location for your business or not-for-profit's SUCCESS.
Features
- Property Type: Commercial
- Sub Type: Office/Tech
- Listing Status: Active Under Contract
- County/Area: Cook County
- Zip Code: 60619
- Year Built: 1958
- Sq.Ft.: 1,500 sq ft
- Stories: 1
- Units: 1 unit
- Lot Size: 9148 sq ft lot
- Zoning: OFFIC
- # Of Tenants: 1
- Additional Parcels: Yes
- Approximate Age: Older
- Building Area Total: 1500
- Built Before 1978 (Y/N): Yes
- Cap Rate: 8.75
- Construction Materials: Brick
- Cooling: Central Air
- Directions: The coordinates of the 1 story office - 400 east, 8200 south. Located in the Chatham community, D Ryan near.
- Electric: Circuit Breakers, Service - 101 to 200 Amps
- Expense Year: 2017
- Extra Storage Spaces Available (Y/N): Yes
- Fire Protection: Alarm Monitored
- Flooring: Carpet, Concrete, Tile
- Foundation Details: Concrete Perimeter
- Geographic Locale: Chicago South
- Green Energy Efficient: Low flow commode
- Gross Income: 2550
- Gross Rentable Area: 1500
- Gross Scheduled Income: 30600
- Heat/Ventilation: Forced Air
- Information: 24-Hr Notice Required
- Known Encumbrances: First Mortgage, None Known
- Leasable Area Units: Square Feet
- Lot Size Square Feet: 9068
- Main Type: Commercial Sale
- Misc Inside: Common Lunchroom/s, Common Meeting Room/s
- Net Rentable Area: 1155
- Outdoor Parking: Common Parking
- Ownership Type: Land Trust
- Property Offered: For Sale Only
- Property Sub Type: Office
- Roof: Membrane
- Roof Structure: Flat
- Tax Annual Amount: 8128.82
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service
- Total Annual Expense Source: Broker Projection
- Total Monthly Income: 2550
- Township: Hyde Park
- Utilities: Electric to Site, Natural Gas Available, Water Available
- Water Drainage: Storm Sewers
- Water Source: Municipal Water
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