1645 Irving Park Rd, Hanover Park, IL 60133
For Lease
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This exceptional 7,874 square foot medical office building, situated on a 0.41-acre lot at 1645 Irving Park Rd, offers a fantastic leasing opportunity. Built in 1971 and extensively renovated in 2020, this Class B property features a single-tenant occupancy and boasts 27 parking spaces. Multiple suite sizes are available, ranging from 60 to 1,200 contiguous square feet, with three currently vacant suites totaling 3,060 square feet. Specifically, there are three available spaces: one 1,000 sq ft, one 800 sq ft, and one 350 sq ft. These spaces are adaptable for both general office and medical uses. Units 101 and 102 feature brand new luxury vinyl plank (LVP) flooring. The building is conveniently located near Ashland Ave and Irving Park Rd, a high-traffic area with 24,600 cars passing daily. The property is zoned B2 and has an APN of 06-25-403-022. Annual property taxes are $3 per square foot. An additional 60 square foot storage space is available for $200 per month, all utilities included. Existing office furniture may be available for use. The building is a two-story structure, although ceiling height specifics are unavailable. Electricity and gas are available.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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