Niles Professional Bldg | 6954 W Touhy Ave
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Niles Professional Bldg 6954 W Touhy Ave
6,000 SF 80% Leased Office Building Niles, IL 60714 $699,000 ($117/SF) 9% Cap Rate
Investment Highlights
- Close proximity to retail centers like Golf Mill Shopping Center and Westfield Old Orchard,.
- Convenient access to recreational parks and golf courses, providing an ideal balance between work and leisure
- Explore a variety of dining options, from casual eateries to upscale restaurants, perfect for client meetings or team lunches.
Executive Summary
Introducing a prime investment opportunity in Niles, IL. This 5,740 SF office building, constructed in 1979, features 10 units, offering a versatile space for diverse tenants. With its well-maintained interior and exterior, the property presents a solid foundation for immediate leasing potential. The strategic location provides convenient access to major transportation routes, ensuring seamless connectivity for tenants and clients. Ample parking and a professional, polished facade further enhance the property's appeal as a desirable office space. From its successful track record to its potential for future growth, this property stands as a lucrative prospect for office building investors seeking a solid asset in the thriving Niles area.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,000 SF
Building Class
C
Year Built
1980
Price
$699,000
Price Per SF
$117
Cap Rate
9%
NOI
$62,910
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
0.46
Land Acres
0.30 AC
Zoning
C - Commercial
Parking
18 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Property Manager on Site
- Central Heating
- Hardwood Floors
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Build out for a medical lab or a medical office
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 201 | 1,200 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 201
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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STREET VIEW
STREET
MAP
2nd Fl-Ste 201
| Size | 1,200 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Build out for a medical lab or a medical office
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 10-30-317-019-0000 | Improvements Assessment | $74,244 |
| Land Assessment | $42,123 | Total Assessment | $116,367 |
PROPERTY TAXES
Parcel Number
10-30-317-019-0000
Land Assessment
$42,123
Improvements Assessment
$74,244
Total Assessment
$116,367
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Steven Goldstein -
Jameson Commercial
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Niles Professional Bldg | 6954 W Touhy Ave
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