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    8975 Golf Rd Niles, IL 60714

    For Lease
    $19 SF/Yr

    Class A Medical Office, 5,000 SF Vacant

    Lot size:
    160,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A medical office building, totaling 160,000 square feet, presents a unique investment opportunity in Cook County. Built in 1989 and extensively renovated in 2017, the single, ten-story building boasts a prime location adjacent to Advocate Lutheran General Hospital and Northwest Community Hospital, as well as numerous community amenities. The property features ample parking with 500 spaces and convenient elevator access. Currently, there is 5,000 square feet of vacant space available, divisible to a minimum of 500 square feet, making it ideal for a variety of medical practices. The building is situated on six acres of land and offers multiple tenancy options. Its strategic location near parks, restaurants, and other community services ensures high visibility and accessibility for patients and staff. The building's modern amenities contribute to a comfortable and efficient work environment. This is a rare opportunity to secure space in a well-maintained, high-demand medical office building in a thriving location. The property's proximity to major hospitals and its substantial parking capacity make it an attractive option for medical professionals seeking a prestigious and convenient location to establish or expand their practice. The building's size and layout offer flexibility for various medical specialties.

    Property Features for 8975 Golf Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,000 SF
    Class
    A
    Total Rate
    253333.33

    Building Details

    Year Built/Renovated
    1989/2017
    Buildings
    1
    Stories
    10

    Unit(s) available at that property

    Space
    Former Dentist Office
    Size
    1,600 SF
    Rate per SF
    $19
    Space
    Available Space 2
    Size
    594 SF
    Rate per SF
    $19

    HighLights

    • 160,000 SF Class A medical office building in Cook County.
    • Multiple tenancy with 5,000 SF currently vacant, divisible to 500 SF minimum.
    • Located on 6 acres with 500 parking spaces.
    • Ten‑story building built in 1989, renovated in 2017, featuring elevators.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golf Mill Pharmacy ... Pharmacy Park at Golf Mill Retirement Home Elison Independent Living ... Retirement Home Advancare Givers Home Health Care Service

    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
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.849434365487
    Latitude
    42.053757620737

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office, 5,000 SF Vacant
    Where is this medical office located?
    The property is located at 8975 Golf Rd Niles, IL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 160,000 SF Class A medical office building in Cook County.; Multiple tenancy with 5,000 SF currently vacant, divisible to 500 SF minimum.; Located on 6 acres with 500 parking spaces.
    Request Owner's contact information
    8975 Golf Rd Niles, IL 60714
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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
    8975 Golf Rd Niles, IL 60714
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