Niles Professional Bldg
6,000 SF | 80% Leased | Office Building | Niles, IL 60714 | $699,000 ($117/SF) | 9% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $699,000
- Property Type
-
Office
- Square Feet
- 6,000 SF
- Price / Square Foot
- $117
Listing Contacts
Steven Goldstein
Verified Profile
- Property Info
Property Overview
Introducing a prime investment opportunity in Niles, IL. This 5,740 SF office building, constructed in 1979, features 10 units, offering a versatile space for diverse tenants. With its well-maintained interior and exterior, the property presents a solid foundation for immediate leasing potential. The strategic location provides convenient access to major transportation routes, ensuring seamless connectivity for tenants and clients. Ample parking and a professional, polished facade further enhance the property's appeal as a desirable office space. From its successful track record to its potential for future growth, this property stands as a lucrative prospect for office building investors seeking a solid asset in the thriving Niles area.
Property Details
- Class
- C
- Year Built
- 1980
- Stories
- 2
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 13,068 SF
Highlights
- Close proximity to retail centers like Golf Mill Shopping Center and Westfield Old Orchard,.
- Explore a variety of dining options, from casual eateries to upscale restaurants, perfect for client meetings or team lunches.
- Convenient access to recreational parks and golf courses, providing an ideal balance between work and leisure
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