9301 West Golf Rd, Des Plaines, IL

Health Care for Sale - $3,900,000 - 35,245 Sq. Ft. on 2.22 acres


Agent Info

Randolph Taylor
eXp Commercial

Property Info

CIMLS#1157803
Location
  9301 West Golf Rd
  Des Plaines IL 60016
UpdatedApril 9th, 2024
TypeHealth Care
Price$3,900,000
Building35,245 Sq. Ft.
Land2.22 acres

Property Description

eXp Commercial is proud to present to the market Golf Sumac Medical Offices, a stabilized medical office building offering value-added potential. This prominent property is ideally located less than one-half of a mile from Interstate 294 and Milwaukee Avenue and less than five minutes from Advocate Lutheran General Hospital. Tenants include NorthShore University Health Systems, Midwest Center for Women’s Healthcare, Golf Glen Dentistry, Optimum Physical Therapy, and Allergy Partners of Chicago.

This three-story, 35,245-square-foot medical office building is situated on a two-and-a-half-acre lot offering an abundance of parking with two entrances and multiple visitor spots adjacent to the front entrance. The building’s exterior, interior common areas, and most suites have undergone significant modernization within the past 4 years.


Financials

Price $3,900,000

Type Medical Office

Total SF 35,245

Price / SF $110.65

Occupancy 82.3%

GOI $795,375

Cap Rate (current): 9.63%

Cap Rate (Proforma) 14.74%