5153 W 111th St - Health Care FOR SALE
Alsip, IL 60803 |
$3,371,428 USD
262-672-8388
5153 W 111th St
Alsip, IL 60803
HIGHLIGHTS
- Extremely Passive Investment – This long-term single tenant healthcare investment features a landlord friendly lease structure with minimal landlord r
- Extensive 2024 Renovations – The property underwent significant upgrades in 2024, including all new HVAC systems, a fully inspected and warrantied roo
- E-Commerce Resistant Tenant – Healthcare operators aren’t prone to the same competition that many retail tenants face. Healthcare properties are highl
- Sticky Tenancy – Autism Therapy practices rarely relocate due to difficulty retaining the same patients in a new location, and the high cost of moving
- Annual Rental Increases – The site features a 3.00% rental increase in the base term that serve as inflation protection through the growth of cash flo
FOR SALE DETAILS
PRICE
$3,371,428 USD
PRICE/SF
$421 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Action Behavior Center | NNN Lease | 7% Cap
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.47 AC
LAND SF
20,473 SF
ZONING
-
APN/PARCEL ID
24-21-201-002-0000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
262-672-8388
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
262-672-8388
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
