Property profile

612 Western Ave Chicago, IL 60612

OFF-MARKET
Retail properties & Spaces
1,700 SF Built 2008
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Property summary

AI-generated overview

This 1,700 square foot medical office condo, located at 612 S Western Ave in Chicago's Cook County (zip code 60612), is offered at $589,900. Built in 2008 and renovated in 2022, this first-floor unit boasts a prime location near the UIC campus. The space features a front reception area (16.4 x 16 feet), a front office (8 x 12 feet), a pharmacy (7 x 12 feet), and a laboratory (7 x 12 feet). It also includes an open area with office cubicles (13 x 8 feet) and six private offices, with dimensions of 15.5 x 11 feet and 16.2 x 8 feet. Additional amenities include a convenient kitchenette and an ADA-compliant washroom complete with a full shower. The high-quality finishes and thoughtful layout make this property ideal for a variety of medical or professional uses. This is a commercial condominium offering superior facilities and a highly desirable location. The property's excellent condition and modern amenities ensure a seamless transition for any medical practice. This turnkey opportunity presents a rare chance to acquire a well-established and efficiently designed medical office space in a thriving Chicago neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2008
Total area 1,700 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Counselor Practitioner Service Location

Location

612 Western Ave Chicago, IL 60612
Chicago metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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