855 E Palatine Road, PALATINE IL 60074 Photo 1 855 E Palatine Road, PALATINE IL 60074 Photo 2 855 E Palatine Road, PALATINE IL 60074 Photo 3
Listing Courtesy of Keller Williams Chicago-O'hare

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855 E Palatine Road - Medical/Professional Office Building for Sale or Lease. 92% Leased. Taxes reduced July 2017. Attractive Investment opportunity. One office- medical Suite available for Lease, Ste 230 - 1,050 rsf; Chair lift to second floor Air, Heat, & Water included in lease rate Individually metered for electric Building has good visibility & high traffic count. New roof & parking lot resurfaced 2016. Long stable tenants.

Listing information

  • MLS® ID: 08987697
  • Status: Active
  • New Construction: No
  • Lot Size: 200X179X199X177
  • Style: Office
  • Stories: 2
  • Foreclosure: No
  • Estimated Annual Taxes: $56,381
  • Year Built: 1971
  • Parking Type Description: None 0 cars
  • Lot Area: 0.81
  • County: Cook

Features

Air Conditioning Central Air
Approximate Age 36-50 Years
Built Before 1978 (Y/N) Yes
Current Use Office and Research
Docks None
Electrical Service Over 600 Amps
Exterior Building Type Brick
Extra Storage Spaces Available (Y/N) No
Fire Protection Alarm Monitored
Franchisor Feed(y/n) No
Frontage/Access Public Road
Geographic Locale Northwest Suburban
Heat/Ventilation Central Heat/Indiv Controls, Forced Air
Information Listing Agent Must Accompany
Investment (Y/N) Yes
Known Encumbrances None Known
Other # Of Drive In Doors - 0, # Of Tenants - 9, # Of TL Docks - 0, # Of Units - 10, Approx Total Bldg Sq Ft - 12300, Estimated Tax/Sf - 0, Expense Year - 2016, Gross Rental Income $ - 19549, Net Oper Income $ - 76115, Net Operating Income Year - 2016, Tax Year - 2016, Total Annual Exp - 92526, Total Annual Income - 195491, Township - Palatine, Zoning Type - Offic
Outdoor Parking 31-50 Spaces
Possession Closing
Potential Use Commercial
Property Offered For Sale or Rent
Property Type Office/Tech
Roof Coverings Membrane, Rubber, Shingle Composition
Roof Structure Hip
Tenant Pays Electric
Unincorporated (Y/N) No
Listing Courtesy of Keller Williams Chicago-O'hare