15525 S Park Avenue, SOUTH HOLLAND IL 60473 Photo 1
Listing Courtesy of Value Add Realty Group Ltd

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15525 S Park Avenue - Twin single story office buildings, 100% occupied, 27 separate offices, some with private kitchens and baths. Plenty of off street parking. Easy to manage, tenants pay all utilities except common electric. Well located, rarely a vacancy!

Listing information

  • MLS® ID: 10467931
  • Status: Active
  • New Construction: No
  • Lot Size: 483 X 152
  • Style: Office
  • Stories: 1
  • Foreclosure: No
  • Estimated Annual Taxes: $103,781
  • Year Built: 1974
  • Parking Type Description: None 0 cars
  • Lot Area: 1.69 Acres
  • County: Cook

Features

Air Conditioning Central Individual
Approximate Age 36-50 Years
Built Before 1978 (Y/N) Yes
Construction Concrete Block
Current Use Commercial, Office and Research
Electrical Service Circuit Breakers
Fire Protection Fire Extinguisher/s
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale South Suburban
Heat/Ventilation Ceiling Units, Electric
Information 48-Hr Notice Required, List Broker Must Accompany, No Sign on Property, Show-Call Listing Office
Other # Of Drive In Doors - 0, # Of Tenants - 27, # Of TL Docks - 0, # Of Units - 27, Approx Total Bldg Sq Ft - 28000, Expense Year - 2018, Gross Rentable Area - 30000, Gross Rental Income $ - 348300, Net Oper Income $ - 21411, Net Operating Income Year - 2018, Net Rentable Area - 28000, Tax Year - 2018, Total Annual Exp - 30400, Total Annual Income - 348300, Total Monthly Income - 29025, Township - Thornton, Zoning Type - Offic
Outdoor Parking 51-100 Spaces
Ownership Type Limited Liability Corp
Possession Closing
Potential Use Commercial, Office and Research
Property Offered For Sale Only
Property Type Office/Tech
Roof Structure Flat
Sale Terms Conventional
Tenant Pays Air Conditioning, Electric, Heat
Listing Courtesy of Value Add Realty Group Ltd