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11264 Southwest Hwy 3,456 SF 100% Leased Office Building Palos Hills, IL 60465 $947,585 CAD ($274.19 CAD/SF)
Investment Highlights
- Three-tenant occupancy with $64,100 in-place NOI and 9.4% cap rate
- NNN / modified gross lease mix with partial expense recovery
- Infill Palos Hills location within established Cook County suburban corridor
- ±854 SF near-term rollover creates opportunity to mark rents to market
- Small-bay format with 15 parking spaces and B-3 zoning
- Listed at $675,000 — $195.31/SF with immediate in-place cash flow
Executive Summary
Matthew M. Fitzgerald
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,456 SF
Building Class
C
Year Built
1974
Price
$947,585 CAD
Price Per SF
$274.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,456 SF
Building FAR
0.34
Lot Size
0.23 AC
Zoning
B-3 - One-Story, Commercial Building
Parking
15 Spaces (4.34 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 23-24-110-016-0000 | Improvements Assessment | $36,311 CAD |
| Land Assessment | $41,273 CAD | Total Assessment | $77,584 CAD |
Property Taxes
Parcel Number
23-24-110-016-0000
Land Assessment
$41,273 CAD
Improvements Assessment
$36,311 CAD
Total Assessment
$77,584 CAD
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11264 Southwest Hwy
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