18210 La Grange RdTinley Park, IL 60467

Property Details for 18210 La Grange Rd

Year built

2000

Lot size

0.63 AC

Property type

Retail space

Property subtype

Storefront properties

APN

27-33-401-020

APU

2733401020

Description

This exceptional two-story medical office building, totaling 52,950 square feet, is situated on a generous 26-acre lot in Tinley Park, Illinois. Conveniently located near the intersection of I-80 and LaGrange Road (18210 S LaGrange Road, zip code 60467), this property offers unparalleled accessibility for patients and staff. The building currently features four suites, with 6,848 square feet of vacant space available for immediate occupancy. Flexible space options range from a minimum of 1,044 square feet to a maximum contiguous space of 2,412 square feet, catering to a variety of medical practices and professional businesses. The property's location in Cook County provides easy access to a large and diverse patient base. This is a rare opportunity to secure prime medical office space in a thriving community. The building's ample parking and strategic location make it an ideal choice for medical professionals seeking a high-visibility presence. The property's size and layout offer significant potential for expansion or customization to meet specific business needs. This is a turnkey solution for medical practices seeking a well-maintained, conveniently located, and readily available space. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $12,909,242

  6.5%

  $11,916,224

  7%

  $11,065,065

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,969,213

  Geo Method

  $8,969,213

• Alternative Use

  Use

  Valuation

  Residential

  $10,051,781

  Hospitality

  $9,207,377

  Educational

  $7,660,430

  Medical

  $7,923,884

  Retail

  $11,916,224

Location Insight

City

Tinley Park

County

Cook

State

Illinois

Latitude

41.5614

Longitude

-87.855

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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