Active · For Sale · Office/Tech

10448 S PULASKI Road, Oak Lawn, IL 60453

MLS #12097521

10448 S PULASKI Road, Oak Lawn, IL 60453
10448 S PULASKI Road, Oak Lawn, IL 60453CRER
10448 S PULASKI Road, Oak Lawn, IL 60453

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10448 S PULASKI Road, Oak Lawn, IL 60453

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The property

Executive summary

GREAT OPPORTUNITY TO OWN THE SUCCESSFUL LONGWOOD ARTS MEDICAL CENTER. THIS CAN BE AN INVESTMENT PROPERTY WITH SEVERAL TENANTS ALREADY IN PLACE OR PURCHASER CAN EXPAND THEIR OWN PRACTICE/BUSINESS ENTIRELY INTO THIS WELL ESTABLISHED NEIGHBORHOOD MEDICAL/OFFICE COMPLEX. PERFECT FOR GENERAL PRACTICE DOCTORS OFFICE, DENTIST, PSYCHIATRIST, LAWYER, ACCOUNTANT AND A MULTITUDE OF OTHER POSSIBLE USES. THERE ARE CURRENTLY MULTIPLE DOCTOR PRACTICES WORKING FROM THIS LOCATION (INCLUDING NORTHWESTERN & RUSH). THERE IS A VERY LARGE COMMON WAITING ROOM AND HUGE PARKING LOT. GREAT LOCATION WHERE YOUR BUSINESS WILL BE SEEN. *28,500 VEHICLES PER DAY*

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$91,000
Reported Annual Expenses
$16,362
Estimated NOI
$74,638
Estimated Cap Rate
4.82%
Estimated GRM
17.03
Annual Taxes
$55,969 (2022)

Property Details

Units
8
Building Size
7,536 SF
Lot Size
21,900 SF
Lot Acreage
0.5
Lot Dimensions
132 X 166
Stories
1
Year Built
1970
Building Age
Older
Construction
Brick
Parcel Number
24152040570000

Operations & Utilities

Heating
Gas
Cooling
Central Air
Tenant Pays
Other
Electric
Circuit Breakers

Location & Use

County
Cook
Market Area
Oak Lawn
Township
Worth
Present Use
Medical/Dental

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.