8741 Greenwood Ave, Chicago, IL 60619
Greenwood Place, a Class A medical office building in Chicago's desirable Chatham neighborhood, offers 9,780 square feet of completely vacant space. This multi-tenant property, part of a four-building campus, boasts significant recent renovations and beautification. Units range from 1,124 to 3,050 contiguous square feet, with a minimum divisible space of 1,124 square feet. The property benefits from a prime location on Greenwood Avenue, a major thoroughfare with over 60,000 vehicles per day, and convenient access to public transportation. The diverse tenant mix includes medical professionals, educators, and other service providers. This opportunity zone presents a unique chance to establish or expand a medical practice in a vibrant and well-connected community. The building's location within the historically significant Hyde Park area offers access to a rich cultural scene and a variety of amenities. The property's updated aesthetic and high visibility make it an ideal location for medical professionals seeking a modern and accessible office space. This is a rare opportunity to secure a significant amount of space in a thriving Chicago neighborhood.
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Citizen Newspaper Group Publishing House Newspaper & Magazine
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Comprehensive Prosthetics & Orthotics Orthotics & Prosthetics Service Medical Clinic
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Robinson Carmelita R MD Physician
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Ada S. McKinley Community Services Charitable Organization Social Service Agency
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Lpnai Employment Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.