8658 S Sacramento Ave, Chicago, IL
Single-story office building featuring secured parking and building signage.
- Added:
- Jan 30, 2023
- Days on Market:
- 1227
- Last Refresh:
- May 19 at 9:24 pm
Property Features for 8658 S Sacramento Ave
General Information
- Standard status
- Active
- Size
- 22,174 SF
- Lot size
- 1.25 Acres
- Property subtype
- OFFICE
Listing agent Adam Johnson License #475123331
Listing office NAI Hiffman | Oakbrook Terrace (630) 932-1234
Listing date Jan 30, 2023
Source Moodyscre
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 NAI Hiffman | Oakbrook Terrace
HighLights
- Two secured parking lots offer peace of mind.
- Building signage available, providing excellent exposure.
- Ample power to support various business needs.
- Fiber optics ensure fast and reliable internet connectivity.
- Single story convenience for easy access.
- Pace bus stop conveniently located at 87th street & Kedzie Avenue.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $851.5k | $38.40 |
| − Vacancy | −$217.1k | −$9.79 |
| EGI | $634.4k | $28.61 |
| − OpEx | −$158.6k | −$7.15 |
| NOI | $475.8k | $21.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6982
- Latitude
- 41.7355
