2615 Three Oaks Rd - Medical FOR SALE


Cary, IL 60013
$1,799,000 USD
815-236-9816
2615 Three Oaks Rd, Cary, IL for Sale
$1,799,000 USD
Medical - FOR SALE
1/12
null | 8.94% Cap Rate

2615 Three Oaks Rd
Cary, IL 60013


OVERVIEW

Investment Opportunity 18,434 SF 2-Story Office Building w/ Heavy Medical Tenancy Silver Lake Professional Building. 2-story masonry office building currently 77% leased. 13 tenants ranging from 160 SF to 3,822 SF with 3 vacancies ranging from 160SF to 1,688 SF. First floor includes common break room, conference room and bathrooms on each floor. Elevator equipped, ample parking . Northwestern Medicine and Cary Grove Dental are anchor tenants. Offered at a 8.9% cap rate based on in place income. Current owner has made $394,000 of upgrades in the last three years. Located next to the Cary Post Office overlooking Jaycee Park pond with Electric monument signage. Seller is a licensed real estate broker. Contact Broker for Rent Roll and Operating Statement.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

8.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Silver Lake Professional Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

92

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

B-2

APN/PARCEL ID

19-12-301-040

ASK ABOUT THIS PROPERTY

Heather SchweitzerPremier Commercial RealtyMore Info
815-236-9816

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Heather SchweitzerPremier Commercial RealtyMore Info
815-236-9816

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