2071 Irving Park Rd - Medical FOR SALE


Hanover Park, IL 60133
$749,000 USD
312-860-4043
2071 Irving Park Rd, Hanover Park, IL for Sale
$749,000 USD
Medical - FOR SALE
1/32
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2071 Irving Park Rd
Hanover Park, IL 60133


HIGHLIGHTS

  • Exposure to nearly 25,000 vehicles per day (per IDOT)
  • Flexible layout ideal for medical, dental, office, wellness, or professional service users
  • Former dental suite with existing plumbing and electrical infrastructure in place
  • Fully sprinklered building with adaptable floor plans
  • Strong visibility, signage potential, and commercial street presence
  • Value-add investment opportunity with lease-up and long-term appreciation potential

OVERVIEW

Exceptional opportunity to acquire a freestanding commercial building totaling approximately 6,048 SF with an estimated 5,528 SF of usable/leasable area, ideally positioned along a high-traffic commercial corridor with exposure to nearly 25,000 vehicles per day (per IDOT). This versatile property offers outstanding visibility, strong signage potential, convenient accessibility, and ample on-site parking, making it an ideal fit for investors or owner-users seeking long-term upside. The fully sprinklered building is thoughtfully configured for medical, dental, professional office, wellness, and service-oriented businesses, with flexible suite layouts that can accommodate a wide range of users. One of the units previously operated as a dental practice and still contains valuable plumbing and electrical infrastructure that could significantly reduce buildout costs for a future dental or specialty medical user. With the ability to support multi-tenant occupancy or a single-user conversion, this property presents an attractive value-add opportunity for investors seeking lease-up potential and future appreciation, while also offering owner-occupants the ability to operate their business and generate supplemental rental income from additional suites. Strong street presence, adaptable floor plans, and existing medical infrastructure make this a rare opportunity in today’s commercial market.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical Office I Owner User

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

B-2, Hanover Park

APN/PARCEL ID

06-25-301-035-0000

ASK ABOUT THIS PROPERTY

Paul ProanoPaul Proano Properties and BusinessesMore Info
312-860-4043

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Paul ProanoPaul Proano Properties and BusinessesMore Info
312-860-4043

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