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Lender Directed Sale | Medical Office Bldg 2310 York St 43,157 SF 100% Leased Office Building Blue Island, IL 60406 For Sale



Investment Highlights
- Lender Directed Auction
- Elevator Building Various Space Sizes
- Located in TIF District, Enterprise & Opportunity Zones
- On-Site Dedicated Parking
- Adjacent to Metra (2 Lines)
- Auction Website: https://rimarketplace.com/auction/3132/office/blue-island/il
Executive Summary
Opportunity to acquire a vacant 43,157 SF medical office building located in the Uptown District of Blue Island, Illinois. The property consists of a five-story building plus a mezzanine level and offers flexible layouts suitable for a wide range of medical, office, and service-oriented users.
Many of the existing suites are turn-key or require only cosmetic updates, making the property ideal for owner-users, investors, medical groups, or redevelopment. Existing suite configurations range from 650 SF offices to full-floor opportunities.
The building is configured to accommodate dental, general medical, physical therapy, fitness, and related healthcare uses, significantly reducing build-out costs and time for occupancy for medical users. The property features an EPDM roof membrane and benefits from dedicated on-site parking with over 120 parking spaces.
The property is located within an Enterprise Zone, Opportunity Zone, and TIF District, which may provide redevelopment incentives or financial assistance for qualified projects.
The property will be sold at auction in as-is condition. The seller has no reports regarding the condition of the property and will not provide representations or warranties, and includes roof easements. Buyer is expected to complete their own Due Diligence prior to auction.
Auction Website: https://rimarketplace.com/auction/3132/office/blue-island/il
Many of the existing suites are turn-key or require only cosmetic updates, making the property ideal for owner-users, investors, medical groups, or redevelopment. Existing suite configurations range from 650 SF offices to full-floor opportunities.
The building is configured to accommodate dental, general medical, physical therapy, fitness, and related healthcare uses, significantly reducing build-out costs and time for occupancy for medical users. The property features an EPDM roof membrane and benefits from dedicated on-site parking with over 120 parking spaces.
The property is located within an Enterprise Zone, Opportunity Zone, and TIF District, which may provide redevelopment incentives or financial assistance for qualified projects.
The property will be sold at auction in as-is condition. The seller has no reports regarding the condition of the property and will not provide representations or warranties, and includes roof easements. Buyer is expected to complete their own Due Diligence prior to auction.
Auction Website: https://rimarketplace.com/auction/3132/office/blue-island/il
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
43,157 SF
Building Class
C
Year Built/Renovated
1948/1985
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
7,475 SF
Building FAR
0.60
Lot Size
1.66 AC
Opportunity Zone
Yes
Zoning
UTOD - Uptown Transit Oriented District
Parking
98 Spaces (2.62 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Fitness Center
- Storage Space
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-31-114-004-0000 | Improvements Assessment | $783,126 CAD |
| Land Assessment | $125,032 CAD | Total Assessment | $908,157 CAD |
Property Taxes
Parcel Number
25-31-114-004-0000
Land Assessment
$125,032 CAD
Improvements Assessment
$783,126 CAD
Total Assessment
$908,157 CAD
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Lender Directed Sale | Medical Office Bldg | 2310 York St
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