For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Stand-Alone Medical Office Building Title is generated by Realmo AI

    4700-4718 Roosevelt Rd, Hillside, IL 60162

    View on Map
    Claim this Listing
    New
    For Sale
    $645,000

    Improved stand-alone building with dedicated identity and adjacent land for added parking, expansion, or future development.

    Type:Multi Tenant Office
    Property size:
    2,487 SF
    Price / SF:
    $259/SF
    Added:
    Jun 11, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 13 at 1:55 am

    Property Features for 4700-4718 Roosevelt Rd

    General Information

    Standard status
    Active
    Size
    2,487 SF
    Property subtype
    Multi Tenant Office

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Eddie Palacios
    Eddie Palacios

    Listing agent Eddie Palacios

    Listing office Caton Commercial Real Estate Group

    Listing date Jun 11, 2026

    Source Thebrokerlist

    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 Caton Commercial Real Estate Group

    HighLights

    • 2,487 SF stand‑alone commercial building built in 1986, currently set up as a veterinary clinic with existing medical infrastructure
    • Bonus adjacent 0.28‑acre parcel for additional parking, expansion, or future development
    • Flexible interior layout that could be converted to traditional office space
    • Located along high‑traffic Roosevelt Road with dedicated building identity and stand‑alone signage opportunity
    • Convenient access to I‑290, I‑294, and I‑88 for regional connectivity
    • Approx. 20 minutes to O’Hare International Airport via I‑294 and about 30 minutes to Midway International Airport

    Overview

    This sale includes a 2,487 SF stand-alone commercial building currently built out as a veterinary clinic with existing medical infrastructure. The flexible layout is designed to support a veterinary and medical use, with the ability to convert into traditional professional office space as needs change. The property also includes adjacent excess land that can support additional parking, expansion, or future development plans.

    The building is positioned along Roosevelt Road in Hillside’s established commercial corridor. It offers strong road presence and convenient access to major regional routes, including I-290, I-294, and I-88, supporting travel across the western suburbs and toward O’Hare. Service providers and clients can also access both airports within approximately 20 to 30 minutes via the nearby interstate connections.

    For buyers and operators, the existing medical build-out may fit well for veterinary, medical, or professional office tenants seeking a turn-key foundation. Alternatively, the included adjacent parcel provides practical flexibility for accommodating vehicles on-site and planning for near-term or future site improvements. The stand-alone configuration and dedicated building identity support a straightforward user and branding experience.

    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 $60.9k $24.48
    − Vacancy −$15.2k −$6.10
    EGI $45.7k $18.38
    − OpEx −$11.4k −$4.60
    NOI $34.3k $13.79
    2,487 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $489.9K
    $428.7K – $571.5K (±1% cap)
    NOI $34,292 @ 7.0% cap · market cap 5.32%
    Second Best
    Healthcare Medical
    $470.7K
    $411.9K – $549.1K (±1% cap)
    NOI $32,948 @ 7.0% cap · market cap 5.11%
    Theoretical Best
    Office A
    $858.6K
    $751.3K – $1.00M (±1% cap)
    NOI $60,105 @ 7.0% cap · market cap 9.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillside
    County
    Cook
    State
    Illinois
    Longitude
    -87.8998114
    Latitude
    41.8629647

    FAQs

    What type of property is this?
    Office building - Improved stand-alone building with dedicated identity and adjacent land for added parking, expansion, or future development.
    Where is this office building located?
    The property is located at 4700-4718 Roosevelt Rd Hillside, IL.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: 2,487 SF stand‑alone commercial building built in 1986, currently set up as a veterinary clinic with existing medical infrastructure; Bonus adjacent 0.28‑acre parcel for additional parking, expansion, or future development; Flexible interior layout that could be converted to traditional office space
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message