2201 Glenwood Ave - Medical FOR SALE


Joliet, IL 60435
$1,000,000 USD
630-487-2111
2201 Glenwood Ave, Joliet, IL for Sale
$1,000,000 USD
Medical - FOR SALE
1/30
null | Request Cap Rate

2201 Glenwood Ave
Joliet, IL 60435


HIGHLIGHTS

  • Excellent visibility - 9,000 vehicles per day
  • Existing medical improvements
  • Long-term Tenants
  • Monument signage
  • Adjacent to TIF district
  • Directly across the street from Ascension St. Joseph Hospital

OVERVIEW

Suburban Real Estate Services headquartered in Naperville, IL is pleased to present this exclusive opportunity to purchase the Glenwood Madison Professional Building as a medical/office, owner-user property. The 21,000+/- square foot, Class C, multi-tenant building, constructed in 1975, sits on 1.63 acres and is located in the heart of the hospital district. The Property benefits from its corner location at Glenwood Avenue and Madison Street with two points of ingress/egress. The majority of the property fronts Glenwood Ave, directly across from Ascension St. Joseph Hospital, a Level II Trauma Hospital, and is located in a thriving residential and commercial area, which has seen continued growth over the past decade and is expected to continue growing in the near future. The property has been a long-term stable asset and is being offered well below replacement cost and current assessed value.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Glenwood Madison Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

82

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

R-2

APN/PARCEL ID

07-07-116-041

ASK ABOUT THIS PROPERTY

Bryan BarusSuburban Real Estate ServicesMore Info
630-487-2111

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Bryan BarusSuburban Real Estate ServicesMore Info
630-487-2111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.