Tenant-Occupied Office Building For
For Sale
Contact for pricing
Pending
1060 E Lake St, Hanover Park, IL 60133
Tenant-occupied office building with an 8.5% cap rate.
Property Size13,500 SF
Days on Market197
Property Features for 1060 E Lake St
General Information
Standard status
Pending
Size
13,500 SF
Class
C
Property subtype
Office
Occupancy
100%
Lease Type
Gross
Net Operating Income
$136,000
Building Details
Year Built
1987
Year Renovated
2019
Buildings
1
Stories
2
Units
26
Listing Agency:
Cross Country Mortgage
Listed By:
Brian Fencl · License #IL
Source:
Crexi
Added: Feb 2
Changed: Aug 11
Last Checked: Aug 18 at 5:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cross Country Mortgage
Investment Insights
Based on property information with market context.
This is a tenant-occupied office building for sale. The property offers an 8.5% cap rate, providing immediate and stable cash flow. It is a well-maintained asset with consistent tenancy. The property size is 13500 square feet.
Key Highlights
- 8.5% Cap Rate: Offers a strong return on investment.
- 100% Tenant‑Occupied: Provides stable and consistent income.
- Well‑Maintained Asset: Reduces potential maintenance costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 60133, IL
37,494
Population
11,573
Households
3.2
Avg Household Size
35
Median Age
29%
College-Educated
84%
High-School Grad
8.4 sq mi
ZIP Area
4,464
Density / Sq Mi
$92,263
Median Household Income
$40,743
Median Earnings
$1,478
Median Rent
$260,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Tenant-occupied office building with an 8.5% cap rate.
Where is this office building located?
The property is located at 1060 E Lake St Hanover Park, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8.5% Cap Rate: Offers a strong return on investment.; 100% Tenant‑Occupied: Provides stable and consistent income.; Well‑Maintained Asset: Reduces potential maintenance costs.
