361 S Frontage Rd - Medical FOR SALE


Burr Ridge, IL 60527
$8,300,000 USD
312-402-0737
361 S Frontage Rd, Burr Ridge, IL for Sale
$8,300,000 USD
Medical - FOR SALE
1/7
null | 7.49% Cap Rate

361 S Frontage Rd
Burr Ridge, IL 60527


HIGHLIGHTS

  • Stabilized single storage office property with credit anchor tenant in desirable Burr Ridge / I-55 interchange area.
  • Building has a new roof and complete solar array.
  • $322,000 tax credit available for significant investor yield increase.

OVERVIEW

Stabilized single storage office property with credit anchor tenant in desirable Burr Ridge / I-55 interchange area. Building has a new roof and complete solar array and $322,000 tax credit available for significant investor yield increase.

FOR SALE DETAILS

PRICE

$8,300,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burr Ridge Office Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

270

LAND DETAILS

LAND ACRES

5.21 AC

LAND SF

226,948 SF

ZONING

G-I PUD

APN/PARCEL ID

09-35-204-011

ASK ABOUT THIS PROPERTY

Tad LagesteeGAIN CRE Services Inc.More Info
312-402-0737

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

Tad LagesteeGAIN CRE Services Inc.More Info
312-402-0737

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