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    Property profile & analytics
    FOR SALE
    Retail space

    2071 Irving Park Rd, Hanover Park, IL 60133

    6,048 SF 0.31 ac lot Built 1979
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US28-5410850
    Property summary
    AI-generated overview

    This exceptional 6,600 square foot Class B medical office building, situated at 2071 Irving Park Road in Hanover Park, Illinois, presents a fantastic investment opportunity. Built in 1980, the property boasts 4,000 square feet of net rentable space, currently configured as a move-in ready dental practice. The asking price is $989,500, translating to $149.92 per square foot. The building offers ample parking, with a 3.33 parking ratio per 1,000 square feet, ensuring convenient access for patients and staff. The location in Cook County, zip code 60133, provides excellent visibility and accessibility. The property features multiple signage options, allowing for prominent branding and marketing opportunities. Up to 4,000 square feet is immediately available, making it ideal for a growing dental practice or similar medical business. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving community. The property's existing dental space setup and abundant parking make it an attractive option for immediate occupancy and operation. Don't miss this chance to own a prime medical office space in a high-demand area.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1979
    Total area 6,048 SF
    Lot 0.31 ac (13,500 SF)
    APN 06-25-301-035
    UPID US28-5410850
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sanman Group LLC · 16 yrs held
    Sanman Group LLC
    since 2010
    5 recorded transactions
    2010
    2009
    $301,000
    2009
    2002
    $390,000
    1999
    $252,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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