$1,835,000
$1,975,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
8,132 SqFt
SOLD DATE : 06/22/2020
Key Details
Sold Price $1,835,000
Property Type Commercial
Sub Type Office/Tech
Listing Status Sold
Purchase Type For Sale
Square Footage 8,132 sqft
Price per Sqft $225
MLS Listing ID 10596945
Sold Date 06/22/20
Year Built 1965
Annual Tax Amount $27,780
Tax Year 2018
Lot Dimensions 100X130.68
Property Sub-Type Office/Tech
Property Description
Prime Investment Opportunity! 8,132 SF Medical Building Leased by Advocate Medical Group in Downtown Downers Grove, 1 block to Metra Train and Starbucks! Fully improved medical building with long term lease. Sales price includes existing building with 16 on-site parking spaces plus an additional land site on Main Street with 10 parking spaces. Previously occupied by Downers Grove Family Practice established in 1975 then purchased by Advocate Medical Group in 2013. Practice offers 1,500 top doctors and advanced practice clinicians with over 350 locations across Chicagoland and Central Illinois. Real Estate Taxes reflect both parcels (Bldg. $23,265.34 and land $4,514.00). Lot dimensions stated does not include the additional land site of 5,663 SF.
Location
State IL
County Du Page
Area Downers Grove
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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Bought with Theresa Schulz • Schulz Properties, Ltd.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "