21,000
SQUARE FOOTAGE
$1,000,000
SALE PRICE
$47.62
PRICE /SF
Nick Weis
BROKER CONTACT
PROPERTY DETAILS
Building Size:
21,000 sf
Property Type:
Office/Medical
Tenancy:
Multi
Year Built:
1975
Number of Stories:
2
Parking:
82 surface
Land Size:
1.63 AC
Zoning:
R-2
APN:
30-07-07-116-041
ANNUAL EXPENSES
Real Estate Taxes:
See OM
Additional Expenses:
See OM
Total Approx Expenses:
See OM
HIGHLIGHTS
Suburban Real Estate Services headquartered in Naperville, IL is pleased to present this exclusive opportunity to purchase the Glenwood Madison Professional Building as a medical/office, owner-user property.
The 21,000+/- square foot, Class C, multi-tenant building, constructed in 1975, sits on 1.63 acres and is located in the heart of the hospital district.
The Property benefits from its corner location at Glenwood Avenue and Madison Street with two points of ingress/egress. The majority of the property fronts Glenwood Ave, directly across from Ascension St. Joseph Hospital, a Level II Trauma Hospital, and is located in a thriving residential and commercial area, which has seen continued growth over the past decade and is expected to continue growing in the near future.
The property has been a long-term stable asset and is being offered well below replacement cost and current assessed value.
Contact Nick Weis for additional information and next steps to view the Offering Memorandum.
AMENITIES
Owner-user opportunity
Excellent visibility - 9,000 vehicles per day
Aggressively priced
Existing medical improvements
Long-term Tenants
Monument signage
Area growth
Adjacent to TIF district
Directly across the street from Ascension St. Joseph Hospital
Less than 2 miles from the I-80 Larkin interchange and 3 miles from the I-55 Rt 52 interchange
PROPERTY LOCATION
2201 Glenwood Avenue, Joliet, IL, USA