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2202 Harlem Road Medical Office Building 2202 Harlem Rd 12,616 SF 100% Leased Office Building Loves Park, IL 61111 $1,254,932 CAD ($99.47 CAD/SF)



INVESTMENT HIGHLIGHTS
- The offering includes four parcels (PINS), with a dedicated parking lot located directly across the street.
- Positioned on a high-visibility corridor with over 16,000 vehicles passing daily, this location provides excellent exposure and accessibility.
EXECUTIVE SUMMARY
Versatile Professional Office Building – Ideal for a Range of Uses
Unlock the potential of this adaptable professional office building, thoughtfully designed to accommodate a variety of business needs. The layout features multiple conference rooms, several private offices, expansive open areas ideal for cubicles or collaborative workstations, and dedicated break rooms for employee comfort.
With high-capacity electrical power and an overhead door for convenient shipping and deliveries, this property is well-suited for office, tech, or light distribution uses. A natural gas backup generator provides seamless power continuity for the entire building.
The offering includes four parcels (PINS), with a dedicated parking lot located directly across the street. Positioned on a high-visibility corridor with over 16,000 vehicles passing daily, this location provides excellent exposure and accessibility.
For more information or to schedule a tour, contact the listing broker.
PIN:
08-29-479-010 Building zoned Loves Park CR $15,668.38
08-29-479-008 North portion of building IL $521.80
08-29-477-011 South portion of Parking Lot CR $1,182.60
08-29-477-009 North portion of Parking Lot CR $708.30
2024 Property Tax is $18,081.08.
Call Broker for showings.
Unlock the potential of this adaptable professional office building, thoughtfully designed to accommodate a variety of business needs. The layout features multiple conference rooms, several private offices, expansive open areas ideal for cubicles or collaborative workstations, and dedicated break rooms for employee comfort.
With high-capacity electrical power and an overhead door for convenient shipping and deliveries, this property is well-suited for office, tech, or light distribution uses. A natural gas backup generator provides seamless power continuity for the entire building.
The offering includes four parcels (PINS), with a dedicated parking lot located directly across the street. Positioned on a high-visibility corridor with over 16,000 vehicles passing daily, this location provides excellent exposure and accessibility.
For more information or to schedule a tour, contact the listing broker.
PIN:
08-29-479-010 Building zoned Loves Park CR $15,668.38
08-29-479-008 North portion of building IL $521.80
08-29-477-011 South portion of Parking Lot CR $1,182.60
08-29-477-009 North portion of Parking Lot CR $708.30
2024 Property Tax is $18,081.08.
Call Broker for showings.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
12,616 SF
Building Class
B
Year Built/Renovated
1981/2006
Price
$1,254,932 CAD
Price Per SF
$99.47 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,308 SF
Building FAR
0.18
Lot Size
1.62 AC
Zoning
CR
Parking
111 Spaces (8.8 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $274,907 CAD (2024) | |
| Land Assessment | $56,048 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $218,859 CAD (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$56,048 CAD (2024)
Improvements Assessment
$218,859 CAD (2024)
Total Assessment
$274,907 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
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2202 Harlem Road Medical Office Building | 2202 Harlem Rd
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