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    9200 Commercial Ave Chicago, IL 60617

    Sponsored
    For Lease
    $14 SF/Yr

    South Side, 1123 sq ft Medical Office

    Lot size:
    41,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This fully equipped dental office presents a unique opportunity for immediate occupancy. Located on the third floor of a four-story Class B medical office building in South Side Chicago, this 1,123 square foot space boasts a 12-foot ceiling height and convenient elevator access. The building itself totals 41,000 square feet and was constructed 50 years ago, undergoing a complete renovation in 2015. The single-tenant occupancy ensures a streamlined operational environment. The property's prime location near 92nd St in Cook County offers excellent visibility and accessibility for patients. All necessary dental equipment is already in place, eliminating the need for significant upfront investment in infrastructure. This turnkey solution allows for a seamless transition and immediate commencement of practice. The building's well-maintained condition and recent renovation ensure a comfortable and modern setting for both patients and staff. This is an exceptional opportunity for a dentist seeking a move-in ready practice space in a desirable location. The building's single-tenant status provides a quiet and professional atmosphere. This space is ready for immediate use, offering a significant advantage in terms of time and cost savings.

    Property Features for 9200 Commercial Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,000 SF
    Class
    B
    Total Rate
    47833.33

    Building Details

    Year Built/Renovated
    50/2015
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Size
    1,123 SF
    Rate per SF
    $14

    HighLights

    • Fully equipped dental office, 1,123 square feet.
    • Single‑tenant occupancy.
    • Located on the 3rd floor with elevator access.
    • Building is a 4‑story, Class B medical office building, 41,000 square feet total.
    • Built in 1973, renovated in 2015.
    • Located in Cook County, near 92nd St.
    Property Profile Location Intelligence

    Current Use by Public Records

    Acceptance Insurance Auto Insurance Agency Premium Health Medical Clinic US Bank Mortgage Mortgage Broker US Bank ATM Atm U.S. Bank-Mortgage Loan ... Mortgage Lender

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.551676
    Latitude
    41.728083

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    FAQs

    What type of property is this?
    Medical office - South Side, 1123 sq ft Medical Office
    Where is this medical office located?
    The property is located at 9200 Commercial Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Fully equipped dental office, 1,123 square feet.; Single-tenant occupancy.; Located on the 3rd floor with elevator access.
    Request Owner's contact information
    9200 Commercial Ave Chicago, IL 60617
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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
    9200 Commercial Ave Chicago, IL 60617
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