Group 3

15531 E 127th Street, Lemont, IL 60439

15531 E 127th Street, Lemont, IL 60439
Investment opportunity to purchase an established medical office condo that is leased to a podiatrist practice. The tenant extended their lease until May 31, 2023 and has one renewal option to extend for an additional year with an escalation on the rent. The lease is NNN and is being offered an 13% capitalization rate. This turnkey office consists of four exam rooms, breakroom, waiting room, reception, nurses' station, and restroom. The office condo is approximately 1,100sf+/- and has an additional similar sized basement space that is used for storage and mechanical room. This is a "Medical Only" building per the association's bylaws. HVAC was updated in 2015 and roof was 2009. There is an association in place and the monthly dues are $252 per month. The dues cover costs for the garage removal, common area electric, lawn maintenance, snow removal, building insurance, and building security alarm.
Sqft3804
Lot Acres0.64
Year Built1986

Porperty Highlights

  • Price $174,000
  • Property Size 3804 Sqft
  • Land Area 0.64 Acres
  • Property ID 11709734
  • Property Status Expired
  • Year Built 1986
  • Garage Size x x
  • Property Type Condominium, Commercial Sale
  • Cooling Central Air,Central Individual
  • County Cook
  • Property Type Commercial Sale
Group 3

Property Features

Luxury Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

Video Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

Group 3

Floor Plans

Group 3

Frequently Asked Questions

We provide personalized consultation for purchasing luxury properties, including custom property searches, negotiation assistance, and support throughout the entire acquisition process, including connections with industry professionals such as lawyers and notaries.

You can contact us directly through our contact form or by phone to schedule an appointment with one of our experts. We will evaluate your property and create a customized marketing strategy to ensure you get the best possible return.

Yes, we offer comprehensive property management services for luxury homes, including maintenance, rental management, and oversight of daily operations to ensure your investment is always in top condition.

Purchasing a property in these areas means investing in some of the most prestigious and sought-after locations, offering a unique blend of luxury, security, and high quality of life. These areas are known for their natural beauty, exclusive amenities, and strong property value retention.

Absolutely. We offer detailed and personalized virtual tours for every property, allowing you to explore homes from anywhere in the world. Contact us to schedule a virtual tour appointment.

Group 3

Inquiry For This Property

15531 E 127th Street, Lemont, IL 60439

Discover how our unparalleled luxury properties can elevate your lifestyle. Reach out to us for more information or to schedule a private viewing.

Email & Phone

raybowman

Compare listings

Compare
raybowman
  • raybowman