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11504 W 183rd St 2,000 SF Office Condo Unit Offered at $541,150 CAD in Orland Park, IL 60467
1 Unit Available
Unit NW
| Unit Size | 2,000 SF | Sale Type | Investment |
| Price | $541,150 CAD | Cap Rate | 9.07% |
| Price Per SF | $270.58 CAD | NOI | $49,071.98 CAD |
| Condo Use | Office | APN/Parcel ID | 19-09-06-203-003-0000 |
| Unit Size | 2,000 SF |
| Price | $541,150 CAD |
| Price Per SF | $270.58 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 9.07% |
| NOI | $49,071.98 CAD |
| APN/Parcel ID | 19-09-06-203-003-0000 |
Description
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. Recent improvements include: fresh paint throughout, new flooring, updated bathroom fixtures and toilet, and modern LED lighting-creating a truly turnkey investment opportunity! Low Will County Taxes with a 9% CAP RATE
Sale Notes
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.
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Property Facts
| Total Building Size | 8,000 SF | Typical Floor Size | 2,000 SF |
| Property Type | Office (Condo) | Year Built | 2006 |
| Property Subtype | Medical | Lot Size | 0.37 AC |
| Building Class | B | Parking Ratio | 20/1,000 SF |
| Floors | 1 | ||
| Zoning | B2 - B2- Check with the Village on specific uses. | ||
| Total Building Size | 8,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,000 SF |
| Year Built | 2006 |
| Lot Size | 0.37 AC |
| Parking Ratio | 20/1,000 SF |
| Zoning | B2 - B2- Check with the Village on specific uses. |
Amenities
- 24 Hour Access
- Reception
- Central Heating
- High Ceilings
- Drop Ceiling
- Air Conditioning
Presented by
11504 W 183rd St
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