200 Northfield Rd - Medical FOR SALE


Northfield, IL 60093
$1,750,000 USD
312-316-2300
200 Northfield Rd, Northfield, IL for Sale
$1,750,000 USD
Medical - FOR SALE
1/21
null | 7% Cap Rate

200 Northfield Rd
Northfield, IL 60093


HIGHLIGHTS

  • Fully stabilized three-tenant property
  • All three have been tenants since 2017
  • Excellent North Shore location (B2 zoning)
  • High level interior build outs
  • Parking for 32 cars
  • Meticulously maintained property with lush courtyard

OVERVIEW

Fully stabilized (100% Leased) investment property in upscale North Shore suburb of Chicago. Three long term tenants; Trio MedSpa, Northfield Vision Center and Berry Scuba Center have extended their leases for another 5-year term through 2030 (Vision Center through 2031). All leases are NNN and Tenants cover all expenses monthly in addition to net rent. Perfect for investor looking for quality property in an excellent location.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased Investment Property - Northfield

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

B-2

APN/PARCEL ID

04-24-413-063-0000

ASK ABOUT THIS PROPERTY

Joe PadorrSeneca Real Estate Group, LLCMore Info
312-316-2300

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Joe PadorrSeneca Real Estate Group, LLCMore Info
312-316-2300

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