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2071 Irving Park Road Hanover Park, IL 60133 Commercial - Business New

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Description

Exceptional opportunity to acquire a freestanding commercial building totaling approximately 6,048 SF with an estimated 5,528 SF of usable/leasable area, ideally positioned along a high-traffic commercial corridor with exposure to nearly 25,000 vehicles per day (per IDOT). This versatile property offers outstanding visibility, strong signage potential, convenient access, and ample on-site parking, making it an ideal opportunity for investors or owner-users seeking long-term upside. The fully sprinklered building is configured for medical, dental, professional office, wellness, and other service-oriented uses, with flexible suite layouts capable of accommodating a variety of businesses. One suite previously operated as a dental practice and retains existing dental plumbing, electrical, and operatory infrastructure, potentially reducing buildout costs for future dental or specialty medical users. ALL All utilities are separate & electric including furnace and the hot-water heater.The property can support multi-tenant occupancy or conversion for a single-user operation, presenting an attractive value-add opportunity with lease-up potential and future appreciation. Owner-occupants also have the ability to operate their business while generating supplemental rental income from additional suites. Strong street presence, adaptable floor plans, and existing medical infrastructure make this a rare opportunity in today's commercial market.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1979

General Information

County: Cook
Listed By:
Coldwell Banker Commercial NRT 312-860-4043
MRED MLS
$749,000
Est. $4,853/mo
New to the Market New
SQUARE FEET6,048 MLS#12641464
STATUSNew PROPERTY TYPECommercial - Business

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2071 Irving Park Road, Hanover Park, IL 60133.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $749,000$749,000$749,000
Down Payment $149,800$26,215$187,250
Monthly Mortgage Amount $3,593$4,409$4,627
Taxes $1042$1042$1042
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$329$0
Monthly Estimated Total $4,853$5,998$5,887

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