915 E 63rd St - Office FOR SALE
Chicago, IL 60637 |
915 E 63rd St
Chicago, IL 60637
HIGHLIGHTS
- Single tenant building, fully occupied by Illinois Dept of Human Services (IDHS), one of Illinois’ largest GSAs | Recently signed lease renewal
- Close to new development, incl. apartment complexes, Hyde Park Day School ($28M) and University of Chicago Charter School ($29M)
- Stable, cash-flowing asset with rare, annual 1.5% rent increases, offering a hedge against inflation
- State of Illinois pays for any tax increases over the base year
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Illinois Department of Human Services (DHS)
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
31120
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
85
LAND DETAILS
LAND ACRES
1.51 AC AC
LAND SF
65,776 SF
ZONING
-
APN/PARCEL ID
20-23-101-036-0000,20-23-101-038-0000,20-23-101-047-0000,20-23-104-001-0000,20-23-104-002-0000,20-23-104-033-0000,20-23-104-034-0000
