4650 Hwy Oak Lawn, IL 60453
This exceptional 8,200 square foot medical office building, located at 4650 Southwest Highway in Oak Lawn, Illinois (zip code 60453), is currently for sale at $1,525,000. The property is zoned M-1 and boasts a highly desirable location, soon to be vacant, and in close proximity to Advocate Christ Hospital. The interior features 17 well-appointed exam rooms, two x-ray rooms, and a spacious reception area. All lighting throughout the building has been upgraded to energy-efficient LED fixtures. This turnkey medical facility presents a fantastic opportunity for healthcare providers seeking a strategically located and well-equipped space. The building's ample square footage and comprehensive layout offer significant potential for a variety of medical practices. Its convenient location in Cook County, Illinois, ensures easy access for patients and staff. The property's proximity to Advocate Christ Hospital further enhances its appeal and potential for success. This is a rare opportunity to acquire a prime medical office building in a thriving healthcare market. Serious inquiries are encouraged.
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
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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.