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4700 Commonwealth Avenue - 6,000 SF Medical/Office Building Approved, Western Springs, IL

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4700 Commonwealth Avenue - 6,000 SF Medical/Office Building Approved

Western Springs, IL 60558 - Eastern East/West Corr Submarket

(672.4 KB)

Property Type:Land Parcel Size:1.33 Acres
Zoning:C2
For Sale Price:$695,000 Price/Acre:$521,968 Price/SF:$11.98

Topography:-
Proposed Use:Office, Medical

On-Site Improv:-



Sale Notes:
Highlights:

All utilities have been pulled to the site - Pad Ready!
Capacity next door: 190 kids, 14 classrooms and 25 staffers in the Bright Horizons Day Care facility.
Absolutely ideal for Pediatricians and Orthodontists
Developer can Build to Suit your exact specifications if interested in Leasing.
Potential satellite location for Law or Accounting Firms
.8 miles to Hinsdale Adventist Hospital

Description:

6,000 SF medical or office building approved on 58,000 SF lot. Incredibly rare opportunity for doctors or businesses who cater to children and parents. Build to suit opportunity for those who admire the location but would like to lease. Owners have the right to add additional parking without Village approval. Near impeccable demographics next door and surrounding area.
The parcel is located adjacent to Bright Horizons Day Care, which recently signed a long term year lease in the neighboring three-story medical office building which totals 18,900 square feet and is located less than two miles from both Adventist Hinsdale Hospital and Adventist La Grange Memorial Hospital. The property was built in 2000. In November 2007, Western Springs was ranked by BusinessWeek.com as #2 of the 50 best small towns to raise children. The average household income within 1 mile of the site is: $202,120, and $144,098 within 3 miles of the site. 63.7% of the households within 1 miles earn between $100,000 and $150,000-plus.

Lagestee-Mulder Commercial Construction & Real Est
Tad A Lagestee
(708) 713-2211




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