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2550 Compass Rd 3,150 sq ft Medical Unit Offered at £758,127 in Glenview, IL 60026
INVESTMENT HIGHLIGHTS
- Strategically located in Prairie Glen, a 1,028 acre mixed-use development
- Located within 2.8 miles of Glenbrook Hospital and 5.3 miles from Advocate Lutheran General Hospital
- The Glenview Metra Station is located 2 blocks from the site, providing access to downtown Chicago
PROPERTY FACTS Under Offer
| Total Property Size | 25,819 sq ft | Typical Floor Size | 1,200 sq ft |
| Property Type | Office (Unit) | Year Built | 2008 |
| Property Subtype | Medical | Total Plot Size | 1.95 ac |
| Costar Property Class | B | Parking Allocation | 25.08/1,000 sq ft |
| Floors | 1 | ||
| Use Class | I-2 - Commercial | ||
| Total Property Size | 25,819 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Medical |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 1,200 sq ft |
| Year Built | 2008 |
| Total Plot Size | 1.95 ac |
| Parking Allocation | 25.08/1,000 sq ft |
| Use Class | I-2 - Commercial |
1 UNIT AVAILABLE
Unit I and J
| Unit Size | 3,150 sq ft | Sale Type | Investment |
| Price | £758,127 | Sale Status | In Exchange |
| Price Per sq ft | £240.68 | Net Initial Yield | 8.50% |
| Unit Use | Medical | NOI | £64,430.35 |
| Unit Size | 3,150 sq ft |
| Price | £758,127 |
| Price Per sq ft | £240.68 |
| Unit Use | Medical |
| Sale Type | Investment |
| Sale Status | In Exchange |
| Net Initial Yield | 8.50% |
| NOI | £64,430.35 |
DESCRIPTION
3,150-square-foot single-tenant medical outpatient building located in Glenview, Illinois, an affluent North Shore suburb approximately 22 miles north of downtown Chicago. The unit is 100% leased to Together Women’s Health, LLC, a leading network of integrated women’s healthcare providers, which offers stable, long-term tenancy and minimal capital expenditure requirements with an established healthcare provider in a prime North Shore location.
SALE NOTES
The Property is being offered at an asking price of $1,014,000/$321 PSF.
Investors should base their offers on an “As-Is, Where-Is” basis. The inspection period will commence upon execution of a Purchase and Sale Agreement (PSA) for a 30-day period.
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2550 Compass Rd
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