Turn-key accredited ambulatory surgery center 815 Howard St 5,100 SF Office Building Evanston, IL 60202 $995,000 ($195.10/SF)

INVESTMENT HIGHLIGHTS

  • Turn-key accredited ambulatory surgery center with 2 operating rooms in Evanston Illinois, a Chicago suburb. An extremely rare opportunity!
  • Offered to the market in turnkey condition following a full-scale 2017 renovation that included high-end furnishings and new equipment.
  • Equipped with a medical gas and suction system, hospital grade sterilizer, and a medical grade backup generator with virtually no lag time.
  • Prime location near the 375-bed, 1,000-employee Saint Francis Ascension Medical Center, strong demographics, and large surrounding deep patient pools.
  • All FF&E can be included as part of the sale, presenting new ownership immense in-place value with the properties state-of-the-art equipment.
  • Parcel contains 13 private surface parking spaces, a rarity for assets in this area and a crucial amenity for medical operators.

EXECUTIVE SUMMARY

Turn-key accredited ambulatory surgery center. It can come fully equipped, enabling a buyer to begin using it literally the day after closing! AAAHC accredited through 2026. This 5,100 square foot building was extensively remodeled and equipped in 2017. It contains four exam rooms, two operating rooms, several private offices, a pre-op room, a recovery room, and reception area. It has 2 ADA bathrooms for patients, and 3 bathrooms for staff as well as a break room, and locker rooms. The parking lot has 13 parking spaces and there is abundant street parking as well. An extremely rare opportunity to acquire a built out facility at a significant discount to replacement cost! All FF&E can be included in the sale.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,100 SF
Building Class
B
Year Built/Renovated
1953/2017
Price
$995,000
Price Per SF
$195.10
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,100 SF
Building FAR
0.51
Lot Size
0.23 AC
Zoning
B-3 - The B3 business district is intended to provide for higher density business development at compact locations adjacent to mass transit facilities.
Parking
13 Spaces (2.55 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (78)

PROPERTY TAXES

  • Listing ID: 30878324

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 815 Howard St, Evanston, IL 60202