5059 W 111th Street
Alsip, IL, 60803 $ 455,000
Baths0.0 Sq 3,497 Monthly Estimate*
$ 3,178
Studio
for $455,000. This 3,497 square foot building was built in 1990 on a lot size of 0.478214.
Turn-Key Prime Medical Office Building for Sale. This all brick 1 Story Free Standing building is ready to accommodate your practice, the property features a contemporary build-out, ensuring a seamless transition for daily business operations. Situated on the bustling 111th Street (29,400 daily traffic count) just west of Cicero Avenue, this property offers high visibility and easy accessibility. Conveniently located across the new Stony Creek Promenade featuring Mariano's, Coopershawk, Chipotle and many other national tenants. With 25 on-site parking spaces, your patients will appreciate the convenience of easy parking, enhancing their overall experience. Spanning 3,500 square feet, the interior space is thoughtfully designed and features seven examination rooms (all equipped with water supply), a drawing room, a former imaging room with leaded walls, a file room, a med room off the reception area, a kitchenette, and a large waiting area. Additionally, there are dedicated spaces for receptionists and nurses, ensuring smooth operations. The property is equipped with 600 amp electric and a transformer, providing a robust power supply for all your medical equipment and devices. There's also an overhead door/garage leading to the mechanical room and storage area, enhancing the practicality of the space. This space is ideal for various businesses and is turn-key for medical practices, making it a perfect fit for medical facilities, med spas, MRI centers, imaging offices, dialysis centers, and occupational or physical therapy practices. The property's excellent condition, coupled with installation of a new roof in 2021 and updated HVAC systems, ensures a hassle-free experience for the future owner. This is your opportunity to establish or expand your medical practice in this outstanding facility. Its strategic location, ample parking, advanced infrastructure, and versatile design make it a rare find in any market.
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FeaturesGeneralCooling Central Air
Possession Closing Negotiable
Zoning COMMR
Construction Materials Brick
Year Built 1990
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories 1
Township Worth
Property SubType Medical
Tax Year 2021
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Contingency Attorney/Inspection
Status Contingent
Directions 111th St 2 blocks west of Cicero Ave to 5059
City Alsip
Total Units 1
MLS Area Alsip / Garden Homes
Lot Size Square Feet 20831
Street Name 111th
Tax Annual Amount 35681
Additional Parcels Y/N N
Leasable Area 3500
Days on Market 70
Standard Status Active Under Contract
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 3497
Lot Dimensions 102 X 200
Frontage Type City Street
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* Excluded FeaturesList ByLenaTheBroker@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,178
- Monthly Property Taxes
- $2,973
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Alsip, IL
Average List Price $1,083,800
Percent of Sale Price 138%
About Alsip, IL 18,934 Population
-2% Since 2002
$ 53,461 Median Income
38.38 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/2/2024 | $455,000 | | Listed Price |