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Property profile & analytics

5059 111th St Alsip, IL 60803-6074

  • Retail space
  • 0.47 lot acres
OFF-MARKET
Value Estimations
$305,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-5866695
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Movement Specialist & Manual Therapy Services, LLC / Physical Therapy Clinic / Physical Therapist
  • For Your Health MD / Doctor
  • Bozena B. Jurek M.D. / Family Practice Physician
  • Jurek & Jurek Family Practice / Family Practice Physician / Medical Clinic
  • Peter Jurek M.D. / Family Practice Physician

Property Details for 5059 111th St

Year built
1986
Lot size
0.47 lot acres
Property type
Retail space
APN
24-21-203-002
APU
2421203002

Description

This exceptional 3,500 sq ft medical office building in Alsip, IL is offered at $455,000. The single-story, all-brick building boasts a contemporary design and is ideally situated on busy 111th Street, just west of Cicero Avenue, enjoying high traffic counts (29,400 daily). Its prime location is further enhanced by its proximity to the Stony Creek Promenade, home to Mariano's, Coopershawk, Chipotle, and other national retailers. The building features seven exam rooms (each with water), a drawing room, a former imaging room with leaded walls, a file room, a medication room, a kitchenette, and a large waiting area. Dedicated spaces for receptionists and nurses ensure efficient workflow. Ample parking (25 spaces) is a significant advantage for patients. The building is equipped with a robust 600-amp electrical system and transformer, along with a convenient overhead door/garage leading to the mechanical room and storage area. Recent upgrades include a new roof (2021) and updated HVAC systems. The property is zoned commercial and presents a turnkey opportunity for various medical practices, including medical facilities, med spas, MRI centers, imaging offices, dialysis centers, and occupational or physical therapy practices. This is a rare opportunity to acquire a well-maintained, high-visibility medical office building in a thriving location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $305,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Alsip
County
Cook
State
Illinois
Longitude
-87.7453
Latitude
41.6904
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$37,508
$32,987
$60,403
$93,390
-
$131,948
$241,612
$373,560
More about this property
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