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    15531 E 127th Street , #2

    Lemont, IL 60439
    • $168,000
    • STATUS: Active Under Contract
    • ON SITE: 53 days
    • MLS #: 11169775
    Under Contract
    UPDATED: 90 min ago
    $168,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,804
      SQFT
    • $44
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    Investment opportunity to purchase an established medical office condo that is leased to a podiatrist practice. The tenant has one year remaining on the lease and has historically renewed with three year increments. The suite has a NNN lease and is being offered a 10.7% capitalization rate. This turnkey office consists of four exam rooms, breakroom, waiting room, reception, and nurses' station. The office consists of approximately 1,100sf+/- and a similar sized basement space that is used for storage and mechanical room. HVAC was updated in 2015 and roof was 2009. There is an association in place and the monthly dues are $217 per month. The dues cover costs for the building exterior, lawn maintenance, landscaping, snow removal, and parking lot maintenance.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-18T23:59:50.433 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    15531 E 127th Street , #2 Lemont, IL 60439

    • Price: $168,000
    • Status: Active Under Contract
    • Updated: 90 min ago
    • MLS #: 11169775
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    3,804
    SQFT
    $44
    $/SQFT
    1986
    Built
    Neighborhood:
    Lemont
    County:
    Cook
    Area:
    Lemont
    Property Description
    Investment opportunity to purchase an established medical office condo that is leased to a podiatrist practice. The tenant has one year remaining on the lease and has historically renewed with three year increments. The suite has a NNN lease and is being offered a 10.7% capitalization rate. This turnkey office consists of four exam rooms, breakroom, waiting room, reception, and nurses' station. The office consists of approximately 1,100sf+/- and a similar sized basement space that is used for storage and mechanical room. HVAC was updated in 2015 and roof was 2009. There is an association in place and the monthly dues are $217 per month. The dues cover costs for the building exterior, lawn maintenance, landscaping, snow removal, and parking lot maintenance.
    Interior Features

    Cooling Central AirCentral Individual Heat Ventilation Central Bldg HeatCentral Heat/Indiv Controls Number Of TLDocks 0

    Property Features

    Additional Parcels YN No Approximate Age 26-35 Years Building Area Total 3804 Built Before1978 YN No Contingency Attorney/Inspection Continue To Show Yes Electric Other Fire Protection Fire Extinguisher/S Geographic Locale Southwest Suburban Gross Income 32250 Gross Scheduled Income 32250 Leasable Area 0 Net Operating Income 18000 Operating Expense 14250 Property Offered For Sale Only Property Sub Type Condominium Tax Annual Amount 11646 Tax Year 2019 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewer Township Lemont Type Office/Tech Zoning Offic

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of J G Commercial Company.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-18T23:59:50.433 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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