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Peace Professional Center 13011 S 104th Ave 36,622 SF 100% Leased Office Building Palos Park, IL 60464 $9,707,333 CAD ($265.07 CAD/SF) 7% Cap Rate



Investment Highlights
- Strong Anchor Tenant – Heart Care Centers of Illinois occupies 18,311 SF with lease through 2035
- Fully Leased Medical Office Building
- Prime 5.83-Acre Site – Ample surface parking plus exclusive covered tenant parking
- Excellent Accessibility – Less than one mile to LaGrange Road with convenient access to I-294 & I-55
Executive Summary
Discover a PRIME opportunity to own a fully leased, turnkey Medical Office building with long-term, stable tenants—many in place for over a decade! Anchored by Heart Care Centers of Illinois, which occupies the entire first floor (18,311 SF) with a lease through 2035 and options extending through 2045, this property delivers reliable, long-term income from day one with a solid 7% CAP Rate! The building totals approximately 36,622 square feet and has been professionally managed and meticulously maintained. Built in 2004, this modern, high-quality facility features a prominent marquee for tenant signage, new front sliding doors, rooftop solar panels, ample surface parking, and exclusive covered parking for tenants—enhancing convenience, accessibility, and overall comfort. Situated on 5.83 acres, the expansive site provides generous parking and effortless access for patients and staff. Additionally, Peace Village Senior Living is located directly north of the property and is home to approximately 285 residents. Many residents and employees are patients or clients of the existing tenants, further enhancing convenience and supporting natural cross-referral opportunities within the building. Location, Location, Location: Less than one mile from LaGrange Road with convenient access to major expressways including I-294, I-57, I-55, and I-355, the property is ideally positioned to serve a broad patient base throughout the southwest suburbs and greater Chicagoland area. This is a RARE opportunity to acquire a high-quality, income-producing medical office building in a prime location—an exceptional addition to any investment portfolio.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
36,622 SF
Building Class
B
Year Built
2002
Price
$9,707,333 CAD
Price Per SF
$265.07 CAD
Cap Rate
7%
NOI
$679,513 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,311 SF
Building FAR
0.14
Lot Size
5.88 AC
Zoning
B-2 - B-2 but check with Village to confirm
Parking
90 Spaces (2.46 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Inspire Mental Health Center
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
McGreal & Company is a firm comprised of qualified and experienced accountants. Since its inception, the firm has provided a full range of accounting, tax, auditing, and small business consulting services to clients in Oak Lawn, Chicago, and surrounding suburbs.. McGreal & Company focuses on each client’s unique tax, accounting, auditing, and consulting needs, delivering professional and efficient service from accountants who genuinely care.
- Parker Wealth Management Group
- -
- -
- -
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Inspire Mental Health Center | - | - | - | Lorem Ipsum | Jan 0000 | |
|
Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Parker Wealth Management Group | - | - | - | Lorem Ipsum | Jan 0000 |
1 1
Property Taxes
| Parcel Number | 23-33-100-015-0000 | Total Assessment | $1,177,803 CAD |
| Land Assessment | $868,779 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $309,024 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
23-33-100-015-0000
Land Assessment
$868,779 CAD
Improvements Assessment
$309,024 CAD
Total Assessment
$1,177,803 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Peace Professional Center | 13011 S 104th Ave
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