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Property profile & analytics
OFF-MARKET
Office Spaces

6502 Joliet Rd Countryside, IL 60525

14,500 SF Built 1968
Property ID
Property summary
AI-generated overview

This exceptional 14,500-square-foot office building, located at 6502 Joliet Road in Countryside, Illinois (zip code 60525), presents a lucrative investment opportunity. The two-story, solid brick structure, built in 1968, sits on a 25,000-square-foot lot and is zoned B-7. The property boasts 18 built-out spaces, including 10 office suites on the second floor and 8 on the first floor (including two main retail spaces). Amenities include a common area conference room, two remodeled bathrooms, a reception and waiting area, and a common kitchen. All utilities, two phone lines, Wi-Fi, and janitorial services are included in the rental rates. A significant upgrade of over $100,000 in new electrical work has been completed throughout the building. Tenants enjoy 24-hour access, secured doors, and excellent street visibility. Ample parking is available, with 37 spaces total, including over 18 in the rear. A large 3,200-square-foot attached garage with high ceilings offers additional income potential. Each office suite features its own bathroom. The asking price is $1,649,900, translating to $634.58 per square foot. This meticulously maintained property, professionally landscaped and featuring great signage, is ideal for both investors and owner-occupants. The property's APN is 18202020090000. This is a gross lease, multi-tenant property.

Property profile
Verified
Property type Office Spaces
Year built 1968
Total area 14,500 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
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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