For Sale
Request a price

4928-5000 95Th St Oak Lawn, IL 60453

Fully occupied, 10-tenant medical center.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fully occupied, 10-tenant medical center totaling 21,805 net rentable square feet situated on a 1.49-acre lot in Oak Lawn, Illinois. The property, comprised of two single-story buildings constructed in 1948 and renovated in 1988, boasts 90 parking spaces and enjoys a prime location in a densely populated area with over 33,000 vehicles passing daily. Tenants occupy suites ranging from 1,200 to 4,500 square feet, featuring substantial tenant-invested build-outs. The property benefits from a stable tenant roster with replaceable rents and a diverse income stream, with no single tenant exceeding 19% of the total income. Its strategic location is less than half a mile from Advocate Christ Medical Center, a 788-bed teaching hospital with over 1,500 affiliated physicians, and within 1,000 feet of a Metra station. The surrounding area includes major retailers such as Target, Home Depot, Jewel-Osco, and Amazon, further enhancing the property's value and appeal. The property's Class B designation and Net Lease investment type offer a compelling opportunity for investors seeking a stable, high-occupancy medical asset in a thriving market. The property's two separate parcels allow for a potential breakup strategy. The Cook County location, with APN numbers 24-04-422-039-0000 and 24-04-422-040-0000, provides further identification. The property's address is 4928-5000 West 95th St, Oak Lawn, IL 60453. This 100% occupied center offers a strong return on investment with significant upside potential.

Highlights

  • Fully occupied, 21,805 SF medical tenant center in Oak Lawn, IL.
  • 100% occupancy with 10 tenants; Net lease investment opportunity.
  • High traffic count (33,000+ vehicles daily) on 95th Street with full ingress/egress.
  • Located 0.5 miles from Advocate Christ Medical Center (788-bed hospital).
  • Strong demographics: over 182,000 people within a 3-mile radius.
  • Conveniently located less than 1,000 feet from a Metra station.

Property Details for 4928-5000 95Th St

Property type
Retail properties, Office properties
Square Feet
21,805 SF
Class
B
Year Built/Renovated
1948/1988
Buildings
2
Stories
1
Lot Size (sq. ft)
64,904 SF
Units
10

Location Insight

City
Oak Lawn
County
Cook
State
Illinois
Latitude
41.7204321
Longitude
-87.7448251

FAQs

What type of property is this?
Retail property - Fully occupied, 10-tenant medical center.
Where is the retail property located?
The property is located at 4928-5000 95Th St Oak Lawn, IL.
What are key features of this property?
This property features: Fully occupied, 21,805 SF medical tenant center in Oak Lawn, IL.; 100% occupancy with 10 tenants; Net lease investment opportunity.; High traffic count (33,000+ vehicles daily) on 95th Street with full ingress/egress.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4928-5000 95Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message