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FOREFRONT DERMATOLOGY 1240 N Milwaukee Ave

6,300 SF 100% Leased Office Building Libertyville, IL 60048 $2,619,000 ($416/SF) 7% Cap Rate

Office Space Illinois Libertyville 1240 N Milwaukee Ave, Libertyville, IL 60048

Investment Highlights

  • JUST UNDER 8-YEARS OF LEASE TERM REMAINING.
  • NATIONALLY KNOWN DERMATOLOGY CARE PROVIDER.
  • NNN LEASE STRUCTURE – TENANT REIMBURSES LANDLORD FOR EXTERIOR CAM, REAL ESTATE TAXES AND INSURANCE.

Executive Summary

Broker of Record
Matt Fitzgerald
License No. 478027547 (IL)

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
6,300 SF
Building Class
B
Year Built
1996
Price
$2,619,000
Price Per SF
$416
Cap Rate
7%
NOI
$183,330
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,300 SF
Building FAR
0.08
Lot Size
1.85 AC
Zoning
C-3, Libertyville
Parking
29 Spaces (4.6 Spaces per 1,000 SF Leased)

Links

1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-16-100-067
  • 11-16-100-005
 Improvements Assessment $216,122
Land Assessment $253,164 Total Assessment $469,286

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-16-100-067
  • 11-16-100-005
Land Assessment
$253,164
Improvements Assessment
$216,122
Total Assessment
$469,286
(866) 889-0550

Contacts

  • Listing ID: 34006244

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 1240 N Milwaukee Ave, Libertyville, IL 60048

More public record information on 1240 N Milwaukee Ave, Libertyville, IL 60048

The Office Property at 1240 N Milwaukee Ave, Libertyville, IL 60048 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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FOREFRONT DERMATOLOGY | 1240 N Milwaukee Ave
(866) 889-0550 x

FOREFRONT DERMATOLOGY | 1240 N Milwaukee Ave

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Matthew Swanson

(866) 889-0550

(866) 889-0550

Jacob Friedman

(847) 204-7103

(847) 204-7103

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