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    10803 S Ewing Ave Chicago, IL 60617

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    For Sale
    $550,000

    Freestanding medical office building in a dense urban area.

    Property size:
    3,600 SF
    Lot size:
    0.07 Acres

    Property Features for 10803 S Ewing Ave

    General Information

    Size
    3,600 SF
    Lot size
    0.07 Acres

    Source: Joseph Rossi & Associates, Inc (JRA) - Corporate Agent Joseph Rossi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building For Sale

    This highly visible, free-standing medical office building is available for sale in a dense urban area. Constructed in 2008, the well-maintained facility is currently occupied by a practicing physician. The property is located minutes from the Chicago Skyway, situated between Trinity Hospital and Saint Margaret Mercy Hospital, serving an area in need of medical services. The 3,600 square foot building was originally designed for urgent care and is fully built-out, offering a plug-and-play solution. The seller is open to including equipment such as X-ray machines, enhancing its appeal as a turnkey opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5349216
    Latitude
    41.6989261

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    FAQs

    What type of property is this?
    Medical office - Freestanding medical office building in a dense urban area.
    Where is this medical office located?
    The property is located at 10803 S Ewing Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Turnkey medical office building designed for urgent care, offering a seamless plug-and-play solution.; - Excellent visibility in a dense urban area with high demand for medical services.; - Strategic location between Trinity Hospital (Chicago) and Saint Margaret Mercy Hospital (Hammond).
    (312) 953-3553
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10803 S Ewing Ave Chicago, IL 60617
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