Property profile

4020 N Central Ave Chicago, IL 60634

FOR SALE
Medical Office Space
Property ID
US28-Q022715
Built 1952
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Property summary

AI-generated overview

Great Masonry Dental Medical Center (MOB) for sale opportunity at 4020 Central Ave in Chicago, B3-1 Zoning, Directly across the street from Portage Park, This site is an ideal Dental medical healthcare facility just north of the busy Hard Corner intersection of Irving Park road and Central, 14,100 Cars pass this location a day on Central (14,100 VPD) Extremely rare Medical use offering here. 61 Ft of frontage on Central Ave, Currently built out as a Dental medical office facility and features a Multi Suite Medical and Dental build-out, high security entrance doors, and cameras. The Building is two levels, 4032 total SQ FT, One Car Garage with one Drive in Door, (DID) The land site is 7660 SQ FT. The building features, On the Upper floor, 9 Medical suites A storage basement is On the Lower Level, 3 Total bathrooms ADA, and multiple Storage and supply rooms. The Building has an east and west exposure. The building features a wide-open interior space that creates a sense of flow. The building utilizes 200 + amp electric system, Parking is for 4 cars. In the Rear of the Property there a small one bedroom one bath apartment with a kitchen with One Bathroom Ideal for a variety of commercial uses: perfect for new owners, for professional Dental or medical use, hospice care, medical center, surgical center, podiatry, or law firm, insurance, technology, financial trading, accounting office or Investment, or you can redevelop the Parcel. Nearby offices and businesses include: Little Caesars Pizza, Sport Express, Biagio Events and Catering, Dairy Queen, McDonald's, Ninja Sushi, Taqueria Amigo 7-Eleven Do not contact Tenants, Please call the listing broker for all showings.

Property profile

Verified
Property type Medical Office Space
Year built 1952
UPID US28-Q022715

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
  • Dental Office
  • Dental Office

Location

4020 N Central Ave Chicago, IL 60634
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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