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    Property profile & analytics
    OFF-MARKET
    Retail space

    7315 Cumberland Dr, Hanover Park, IL 60133-2616

    1,739 SF 0.23 ac lot Built 1972
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US28-1239063
    Property summary
    AI-generated overview

    This exceptional Class A, 1,800 square foot medical/creative office building in Hanover Park, IL, presents a unique owner-user opportunity. Located at 7315 Cumberland Drive, this single-story, 1972-built property underwent a complete renovation in 2022, boasting new siding, roof, windows, garage door, flooring, doors, and ceilings. The building sits on a 10,814 square foot lot and includes seven parking spaces. Currently operating at 100% occupancy, the functional layout features a reception area, multiple private offices, and a break room. Zoned LO-1, this versatile property is suitable for a wide range of professional uses, including but not limited to medical, dental, or other office-based businesses. The property's prime location and recent renovations make it an ideal investment for those seeking a move-in ready space. The Cook County property (APN: 07304100100000) is offered at $395,900. This is a rare opportunity to own a meticulously maintained, high-quality office building in a desirable location. The property's combination of functionality, aesthetics, and location makes it a strong investment for owner-occupants seeking to eliminate rent payments and build equity.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1972
    Total area 1,739 SF
    Lot 0.23 ac (10,025 SF)
    APN 07-30-410-001
    UPID US28-1239063
    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
    Current use
    Occupant on record · Public records
    • Adjust @ChiroCenter Alternative Medicine Practice
    • Dr. Dipali Patel Alternative Medicine Practice
    • Hanover Park Chiropractic Center Alternative Medicine Practice
    • Kurt A. Dennison, DC Alternative Medicine Practice
    • Chirocenter Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Arjav Corp · 12 yrs held
    Arjav Corp
    since 2014
    3 recorded transactions
    2019
    2014
    $170,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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