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$ 395,000
Est. payment | /mo
2,000 SqFt
$ 395,000
Est. payment | /mo
2,000 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $197
MLS Listing ID 12622368
Year Built 2002
Annual Tax Amount $5,681
Tax Year 2024
Lot Dimensions COMMON
Property Sub-Type Office/Tech
Property Description
Beautifully built-out, fully renovated, and income-producing office condo now available for sale in the highly desirable Orland Park Business Center! This 2,000 SF suite features 3 private offices, a welcoming waiting area with a fireplace, a reception area, and open workspace. The unit is currently leased to a strong tenant through 2/28/2028, providing immediate and stable cash flow. The space has been completely upgraded with fresh paint throughout, new flooring, updated bathroom fixtures and toilet, and modern LED lighting-creating a truly turnkey investment opportunity! Additional highlights include a new roof (2021), updated landscaping throughout the complex, plenty of parking and LOW WILL COUNTY TAXES! With a strong 9% CAP rate, this is an attractive opportunity for both seasoned investors and those looking to enter the commercial market with a stabilized, income-producing asset.
Location
State IL
County Will
Area Orland Park
Zoning OFFIC
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Office/Tech
Structure Type Brick
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Listed by Jacqueline Montvidas of Olivieri Real Estate LLC