1821 Benson Ave - Medical CONDO FOR SALE


Evanston, IL 60201- Downtown Evanston
$885,000 USD
312-505-1610
1821 Benson Ave, Evanston, IL for Sale
$885,000 USD
Medical CONDO - FOR SALE
1/16
null | 8% Cap Rate

1821 Benson Ave
Evanston, IL 60201
Downtown Evanston


HIGHLIGHTS

  • 8% cap. NNN Investment in Downtown Evanston IL
  • Long standing tenant, in place since 2010
  • Parent company Compass, the largest residential brokerage company in the country
  • Tenant just renewed their lease thru March 2030

OVERVIEW

8% cap in the heart of Downtown Evanston, IL. 2300sf of street level NNN investment in Downtown Evanston, IL. Current tenant has been in place since 2010 and just renewed their lease for 3 additional years. Current expiration is 3/31/2030. This investment property is perfect for 1031 exchange or direct investment. At World Properties is a wholly owned subsidiary of Compass, the largest residential brokerage company in the country.

FOR SALE DETAILS

PRICE

$885,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

8%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Optima Horizons Evanston

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

2,300 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael RourkeAt PropertiesMore Info
312-505-1610

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Michael RourkeAt PropertiesMore Info
312-505-1610

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