4650 Southwest Hwy - Medical FOR SALE


Oak Lawn, IL 60453
$1,600,000 USD
630-470-8268
4650 Southwest Hwy, Oak Lawn, IL for Sale
$1,600,000 USD
Medical - FOR SALE
1/44
null | Request Cap Rate

4650 Southwest Hwy
Oak Lawn, IL 60453


HIGHLIGHTS

  • Premier location just 0.25 miles from Advocate Christ Medical Center and Advocate Christ Children’s Hospital.
  • Situated within a dense medical corridor serving the greater Oak Lawn market.
  • Includes an existing surgical suite and multiple exam rooms.
  • Ample surface parking with multiple points of ingress and egress.
  • Prominent building signage for enhanced visibility.
  • Priced well below replacement cost, offering strong value for owner-users or investors.

OVERVIEW

This freestanding medical office property at 4650 Southwest Highway in Oak Lawn offers a rare opportunity for healthcare providers and investors seeking a well-positioned asset in one of the Southland’s most established medical corridors. The property spans 7,541 square feet and is strategically located just minutes from Advocate Christ Medical Center and Advocate Christ Children’s Hospital, ensuring strong referral patterns and a dense concentration of complementary medical practices. The building features an existing surgical suite and multiple points of ingress and egress, enhancing operational efficiency and patient flow. Ample surface parking and prominent signage provide convenience and visibility, while the property’s location near the intersection of Southwest Highway and Cicero Avenue ensures excellent regional connectivity and high daily traffic counts. Priced well below replacement cost, this asset presents a compelling acquisition opportunity for owner-users or investors targeting long-term stability in a thriving healthcare market.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

M-1

APN/PARCEL ID

24-03-308-004-0000

ASK ABOUT THIS PROPERTY

Doug PaulyLee & AssociatesMore Info
630-470-8268

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Doug PaulyLee & AssociatesMore Info
630-470-8268

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