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5059 W 111th Street, Alsip, IL 60803
$455,000 Contingent
5059 W 111th Street, Alsip, IL 60803View this property at 5059 W 111th Street, Alsip, IL 60803
5059 W 111th StreetAlsipIL60803
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Property Description
Turn-Key Prime Medical Office Building for Sale. This all brick 1 Story Free Standing building is ready to accommodate your practice, the property features a contemporary build-out, ensuring a seamless transition for daily business operations. Situated on the bustling 111th Street (29,400 daily traffic count) just west of Cicero Avenue, this property offers high visibility and easy accessibility. Conveniently located across the new Stony Creek Promenade featuring Mariano's, Coopershawk, Chipotle and many other national tenants. With 25 on-site parking spaces, your patients will appreciate the convenience of easy parking, enhancing their overall experience. Spanning 3,500 square feet, the interior space is thoughtfully designed and features seven examination rooms (all equipped with water supply), a drawing room, a former imaging room with leaded walls, a file room, a med room off the reception area, a kitchenette, and a large waiting area. Additionally, there are dedicated spaces for receptionists and nurses, ensuring smooth operations. The property is equipped with 600 amp electric and a transformer, providing a robust power supply for all your medical equipment and devices. There's also an overhead door/garage leading to the mechanical room and storage area, enhancing the practicality of the space. This space is ideal for various businesses and is turn-key for medical practices, making it a perfect fit for medical facilities, med spas, MRI centers, imaging offices, dialysis centers, and occupational or physical therapy practices. The property's excellent condition, coupled with installation of a new roof in 2021 and updated HVAC systems, ensures a hassle-free experience for the future owner. This is your opportunity to establish or expand your medical practice in this outstanding facility. Its strategic location, ample parking, advanced infrastructure, and versatile design make it a rare find in any market.
Full Property Details
Full Property Details for 5059 W 111th St
General
- Price: $455,000
- Taxes: $35,681 (2021)
- Status: Contingent
- Type: Commercial Institutional
- MLS ID: 11972889
- Updated: 2/27/2024
- Added to Site: 90 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: Alsip / Garden Homes
- County: Cook
- Township: Worth
- Driving Directions: 111th St, 2 blocks west of Cicero Ave to 5059
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Foundation: Concrete Perimeter
- Drive-In Doors: 1
- Stories/Levels: 1
- Square Feet: 3,497
- Current Bldg. Use: Commercial
- Year Built: 1990
Lot Features
- Lot Size (Sq. Ft.): 20,831
- Lot Dimensions: 102 x 200
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored
- Assessment Year: 1990
- Tax Amount: $35,681
- Tax Year: 2021
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 24212030020000
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Schools
Schools serving 5059 W 111th St
School Districts:Alsip-Hazlgrn-Oaklwn Sd 126, Community High School District 218
Rating | Name | Grades | Distance |
---|---|---|---|
11751 S Lawler Ave, Alsip, IL 60803 | PK-6 | 0.8 mi | |
11910 S Kostner Ave, Alsip, IL 60803 | 7-8 | 1.3 mi | |
13049 S Ridgeland Ave, Palos Heights, IL 60463 | 9-12 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5059 W 111th St
Date
Details
Price
Change
Source
2/02/2024
Listed
$455,000
9.64%
MLS
3/26/2004
Sold
$415,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5059 W 111th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$37,508
5%
$93,390
—
2021
$35,681
1%
$93,390
—
2020
$35,266
-22%
$93,390
-19%
2019
$45,120
4%
$115,179
—
2018
$43,435
-1%
$115,179
—
2017
$43,748
—
$115,181
2%
2016
$43,771
1%
$112,903
—
2015
$43,424
4%
$112,903
—
2014
$41,920
12%
$112,903
4%
2013
$37,275
4%
$108,560
—
2012
$35,696
—
$108,560
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5059 W 111th St
5059 W 111th Street, Alsip, IL 60803 (MLS# 11972889) is a Commercial Institutional property. 5059 W 111th Street is currently listed for $455,000 and was received on February 02, 2024. Want to learn more about 5059 W 111th Street? Do you have questions about finding other Commercial Institutional real estate for sale in Alsip? You can browse all Alsip real estate or contact a Coldwell Banker agent to request more information.