UNDER CONTRACT

For Sale Medical Office

9301 West Golf Rd | Des Plaines, 60016

$3,900,000

Sale Price

Property Details

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%

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.

HIghlights

  • Stabilized Medical Office Building with Value-Added Potential

  • Established Medical Tenants

  • 5 Minutes from Advocate Lutheran General Hospital

  • 1/2 mile to I-294 and Milwaukee Avenue

  • Recent Building Modernization

  • Value Add Through Leasing of Vacant Space

Map

Offering Memo
Multifamily Investment Sales Broker
National Multifamily Division
eXp Commercial – Chicago
P: 630.474.6441
E: [email protected]

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