Lincolnwood IL Real Estate & Commercial for Sale

Unique opportunity to own or rent a completely renovated 12,000 square foot plus medical office building on a large lot and on the busy corner of Lincoln and Touhy. This building has undergone extensive updating and is ready for multiple medical offices, an urgent care facility, or any business looking for great office space on one of Lincolnwood's busiest corners. The hvac system is only a few years old, roof is ten years old but recent maintenance was completed, the building has a new fiber optic and t-line system, alarm is newly updated, parking lot repaved two years ago, phone systems are all new, almost all flooring was done in the last 12-24 months and recently painted. This building has over 20 exam rooms, a physical therapy room, xray room, lounges, stress test center, lab, operation room, kitchen, 10+ offices with 3 separate reception areas, and 10+ bathrooms. 2021 Gross Rent $376,000.00 with a net operating income of $260,000.00. There are currently two suites in the space, one is partially leased by seller but can be vacated, the other smaller space is vacant. Both spaces can be vacated for new owner or current tenants can stay on board. Space can be divided into multiple suites if needed.