4928-5000 95Th St Oak Lawn, IL 60453

Property Details for 4928-5000 95Th St

Year built

1948

Lot size

1.49 lot acres

Property size

21,805 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional investment opportunity presents a fully occupied, 10-tenant medical center totaling 21,805 net rentable square feet situated on a 1.49-acre lot in Oak Lawn, Illinois. The property, comprised of two single-story buildings constructed in 1948 and renovated in 1988, boasts 90 parking spaces and enjoys a prime location in a densely populated area with over 33,000 vehicles passing daily. Tenants occupy suites ranging from 1,200 to 4,500 square feet, featuring substantial tenant-invested build-outs. The property benefits from a stable tenant roster with replaceable rents and a diverse income stream, with no single tenant exceeding 19% of the total income. Its strategic location is less than half a mile from Advocate Christ Medical Center, a 788-bed teaching hospital with over 1,500 affiliated physicians, and within 1,000 feet of a Metra station. The surrounding area includes major retailers such as Target, Home Depot, Jewel-Osco, and Amazon, further enhancing the property's value and appeal. The property's Class B designation and Net Lease investment type offer a compelling opportunity for investors seeking a stable, high-occupancy medical asset in a thriving market. The property's two separate parcels allow for a potential breakup strategy. The Cook County location, with APN numbers 24-04-422-039-0000 and 24-04-422-040-0000, provides further identification. The property's address is 4928-5000 West 95th St, Oak Lawn, IL 60453. This 100% occupied center offers a strong return on investment with significant upside potential.

Location Insight

City

Oak Lawn

County

Cook

State

Illinois

Longitude

-87.7448

Latitude

41.7204