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4650 Southwest Hwy 7,541 SF Office Building Oak Lawn, IL 60453 $2,190,512 CAD ($290.48 CAD/SF)
Investment Highlights
- Premier location just 0.25 miles from Advocate Christ Medical Center and Advocate Christ Children’s Hospital.
- Includes an existing surgical suite and multiple exam rooms.
- Prominent building signage for enhanced visibility.
- Situated within a dense medical corridor serving the greater Oak Lawn market.
- Ample surface parking with multiple points of ingress and egress.
- Priced well below replacement cost, offering strong value for owner-users or investors.
Executive Summary
This freestanding medical office property at 4650 Southwest Highway in Oak Lawn offers a rare opportunity for healthcare providers and investors seeking a well-positioned asset in one of the Southland’s most established medical corridors. The property spans 7,541 square feet and is strategically located just minutes from Advocate Christ Medical Center and Advocate Christ Children’s Hospital, ensuring strong referral patterns and a dense concentration of complementary medical practices.
The building features an existing surgical suite and multiple points of ingress and egress, enhancing operational efficiency and patient flow. Ample surface parking and prominent signage provide convenience and visibility, while the property’s location near the intersection of Southwest Highway and Cicero Avenue ensures excellent regional connectivity and high daily traffic counts. Priced well below replacement cost, this asset presents a compelling acquisition opportunity for owner-users or investors targeting long-term stability in a thriving healthcare market.
The building features an existing surgical suite and multiple points of ingress and egress, enhancing operational efficiency and patient flow. Ample surface parking and prominent signage provide convenience and visibility, while the property’s location near the intersection of Southwest Highway and Cicero Avenue ensures excellent regional connectivity and high daily traffic counts. Priced well below replacement cost, this asset presents a compelling acquisition opportunity for owner-users or investors targeting long-term stability in a thriving healthcare market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,541 SF
Building Class
C
Year Built/Renovated
1959/2008
Price
$2,190,512 CAD
Price Per SF
$290.48 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,541 SF
Building FAR
0.35
Lot Size
0.50 AC
Zoning
M-1 - Manufacturing Zone
Parking
32 Spaces (3.9 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | 24-03-308-004-0000 | Improvements Assessment | $195,919 CAD |
| Land Assessment | $80,980 CAD | Total Assessment | $276,900 CAD |
Property Taxes
Parcel Number
24-03-308-004-0000
Land Assessment
$80,980 CAD
Improvements Assessment
$195,919 CAD
Total Assessment
$276,900 CAD
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4650 Southwest Hwy
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