11264 Southwest Hwy - Office FOR SALE


Palos Hills, IL 60465
$675,000 USD
773-619-4527
11264 Southwest Hwy, Palos Hills, IL for Sale
$675,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

11264 Southwest Hwy
Palos Hills, IL 60465


HIGHLIGHTS

  • Three-tenant occupancy with $64,100 in-place NOI and 9.4% cap rate
  • ±854 SF near-term rollover creates opportunity to mark rents to market
  • NNN / modified gross lease mix with partial expense recovery
  • Small-bay format with 15 parking spaces and B-3 zoning
  • Infill Palos Hills location within established Cook County suburban corridor
  • Listed at $675,000 — $195.31/SF with immediate in-place cash flow

OVERVIEW

Matthew M. Fitzgerald License # 471021676, 478027547 (IL) Matthews Real Estate Investment Services, Inc 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

B-3

APN/PARCEL ID

23-24-110-016-0000

ASK ABOUT THIS PROPERTY

Matthew LaddMatthews Real Estate Investment ServicesMore Info
773-619-4527

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Matthew LaddMatthews Real Estate Investment ServicesMore Info
773-619-4527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.