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15531 E 127th Street #2, Lemont, IL 60439
$174,000 Contingent
15531 E 127th Street #2, Lemont, IL 60439View this property at 15531 E 127th Street #2, Lemont, IL 60439
15531 E 127th Street #2LemontIL60439
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Property Description
Investment opportunity to purchase an established medical office condo that is leased to a podiatrist practice. The tenant extended their lease until May 31, 2023 and has one renewal option to extend for an additional year with an escalation on the rent. The lease is NNN and is being offered an 13% capitalization rate. This turnkey office consists of four exam rooms, breakroom, waiting room, reception, nurses' station, and restroom. The office condo is approximately 1,100sf+/- and has an additional similar sized basement space that is used for storage and mechanical room. This is a "Medical Only" building per the association's bylaws. HVAC was updated in 2015 and roof was 2009. There is an association in place and the monthly dues are $252 per month. The dues cover costs for the garage removal, common area electric, lawn maintenance, snow removal, building insurance, and building security alarm.
Full Property Details
Full Property Details for 15531 E 127th St #2
General
- Price: $174,000
- Taxes: $9,551 (2021)
- Status: Contingent
- Type: Commercial Residential Facility
- MLS ID: 11951807
- Updated: 12/28/2023
- Added to Site: 125 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Lemont
- County: Cook
- Township: Lemont
- Driving Directions: Lemont Rd to Lt onto E 127th to location.
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Building Heat, Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Square Feet: 3,804
- Year Built: 1986
Lot Features
- Lot Size (Acres): 0.64
- Lot Size (Sq. Ft.): 27,878
- Lot Dimensions: 100 x 300 x 100 x 300
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $12,572
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1986
- Tax Amount: $9,551
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer
Disclosures and Reports
- Property ID: 22294020261002
Listed by Pillar Realtor LLC
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Schools
Schools serving 15531 E 127th St #2
School Districts:Lemont-Bromberek Csd 113a, Lemont Township High School District 210
Rating | Name | Grades | Distance |
---|---|---|---|
15425 E 127th St, Lemont, IL 60439 | 3-4 | 0.1 mi | |
Oakwood School
1130 Kim Pl, Lemont, IL 60439 | PK-2 | 0.2 mi | |
16100 W 127th St, Lemont, IL 60439 | 5-8 | 0.8 mi | |
800 Porter St, Lemont, IL 60439 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15531 E 127th St #2
Date
Details
Price
Change
Source
12/27/2023
Listed
$174,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 15531 E 127th St #2
15531 E 127th Street #2, Lemont, IL 60439 (MLS# 11951807) is a Commercial Residential Facility property. 15531 E 127th Street #2 is currently listed for $174,000 and was received on December 27, 2023. Want to learn more about 15531 E 127th Street #2? Do you have questions about finding other Commercial Residential Facility real estate for sale in Lemont? You can browse all Lemont real estate or contact a Coldwell Banker agent to request more information.