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    OFF-MARKET
    Office Spaces

    8741 Greenwood Ave, Chicago, IL 60619

    9,780 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Total area 9,780 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Citizen Newspaper Group Publishing House Newspaper & Magazine
    • Comprehensive Prosthetics & Orthotics Orthotics & Prosthetics Service Medical Clinic
    • Robinson Carmelita R MD Physician
    • Ada S. McKinley Community Services Charitable Organization Social Service Agency
    • Lpnai Employment Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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