See all 5 photos
5 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$795,000
Est. payment /mo
16,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $49
MLS Listing ID 12293824
Year Built 2005
Annual Tax Amount $18,983
Tax Year 2023
Lot Dimensions 0.14 ACRES
Property Sub-Type Office/Tech
Property Description
Prime NNN Investment Opportunity - Dental Practice in Chicago, IL This property features a 10.5-year lease expiring 10/31/2029 with annual rent increases and two 5-year renewal options along with a personal guaranty from a well-established 9-location dental operator with strong financials. This NNN lease structure provides a low-maintenance investment, with the tenant covering all interior expenses while the condo association manages exterior maintenance, including capital items-costs that are fully reimbursed by the tenant through monthly assessments. In addition, tenant is also fully responsible for paying taxes directly, as well as insurance with landlord named as additional insured.
Location
State IL
County Cook
Zoning OFFIC
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Read Less Info
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kelley McDonald • Stone Realty Group