Building Details

Year Built 1981

Listing Agency: Exit Realty Redefined

Listed By: Joanna Staszel · License #475194156 Show Phone

Source: Liveliferealty

Added: Jul 9 Changed: Oct 12 Last Checked: Oct 16 at 11:21AM

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Investment Insights

Based on property information with market context.

This medical office space was built in 1981 and provides a private entrance, an on-site bathroom, and parking. The configuration can accommodate office-based operations and is positioned near I294, restaurants, and shopping destinations in the surrounding area.

The rental structure includes real estate taxes and common area maintenance. The tenant is responsible for utilities, allowing the occupancy arrangement to be clearly defined at the outset.

Key Highlights

• Private entrance for the medical office space
• Bathroom included within the space
• Parking available on site

Property Analytics

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Current Use

KRAM TAXES & LICENSES ... Freight Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Utilities to site

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

386

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 60458, IL

14,504

Population

5,710

Households

2.5

Avg Household Size

36

Median Age

17%

College-Educated

88%

High-School Grad

2.9 sq mi

ZIP Area

5,001

Density / Sq Mi

$59,443

Median Household Income

$37,490

Median Earnings

$1,219

Median Rent

$223,800

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Frequently Asked Questions

What type of property is this?

Medical Office Space - Private-entry space with a restroom and parking near I294, restaurants, and shopping.

Where is this medical office space located?

The property is located at 8306 S 88th Ave Justice, IL.

What is the lease rate?

The lease rate is $1,700/Mo.

What are key features of this property?

This property features: Private entrance for the medical office space; Bathroom included within the space; Parking available on site