Courtesy of Main Street Real Estate Group

7126 N Lincoln Avenue

Lincolnwood, IL, 60712

$2,950,000

$242 per ft²
$2,950,000
$242 per ft²
Active
Active
 - For Sale
carpenters-square
12,160 ft²
property_type
Commercial
calendar
Built 1967
Unique opportunity to own or rent a completely renovated 12,000 square foot plus medical office building on a large lot and on the busy corner of Lincoln and Touhy. This building has undergone extensive updating and is ready for multiple medical offices, an urgent care facility, or any business looking for great office space on one of Lincolnwood's busiest corners. The hvac system is only a few years old, roof is ten years old but recent maintenance was completed, the building has a new fiber optic and t-line system, alarm is newly updated, parking lot repaved two years ago, phone systems are all new, almost all flooring was done in the last 12-24 months and recently painted. This building has over 20 exam rooms, a physical therapy room, xray room, lounges, stress test center, lab, operation room, kitchen, 10+ offices with 3 separate reception areas, and 10+ bathrooms. 2021 Gross Rent $376,000.00 with a net operating income of $260,000.00. There are currently two suites in the space, one is partially leased by seller but can be vacated, the other smaller space is vacant. Both spaces can be vacated for new owner or current tenants can stay on board. Space can be divided into multiple suites if needed.
MLS® ID:
11611975
Listed:
8/22/22
Updated:
12/8/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air

Exterior/Building Features

Lot Size
0.89 acres lot

Other Property Details

Area Name
Lincolnwood
Taxes
$103856
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
45.0
View
N
County
Cook
Pool
No
Total Stories
1

 

Courtesy of Main Street Real Estate Group, Mo Dadkhah,
Listing Contact:  

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Data last updated 1:01 AM UTC, 12/8/22

 

 

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