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Property profile & analytics

8741 Greenwood Ave Chicago, IL 60619

  • Office Properties & Spaces
  • 9,780 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Citizen Newspaper Group / Newspaper Publisher
  • Comprehensive Prosthetics & Orthotics / Orthotics & Prosthetics Service / Medical Clinic
  • Robinson Carmelita R MD / Internist / Doctor
  • Ada S. McKinley Community Services / Non-Profit Organization
  • Lpnai / Nursing Agency

Property Details for 8741 Greenwood Ave

Property size
9,780 SF
Property type
Office Properties & Spaces
Property subtype
Medical offices

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.5967
Latitude
41.7355
More about this property
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