Park Ridge Office Leased to Chicago Title & Trust

Price:   SOLD
Listing Type:   Listing Agent / Buyer Agent
Property Type:   Office
Cap Rate:   10.6% (4 Yr Avg)
Lease Type:   Modified gross
Lease Rate:   $20.50 / Sq Ft
Size:   4,161 Sq Ft
Zoning:   B-1

Highlights:

– Chicago Title & Trust Company (tenant) is the anchor tenant for the building

– Lease expiration date – December 31, 2016

– CT&T has naming rights on the building & the top slot on the free standing monument sign

– Perfect opportunity for an investor looking for cash flow & a blue chip tenant

– Chicago’s Title’s premier location servicing the Northwest suburbs

– Building amenities include shared conference room & shared break room / kitchen area

– Over 200 parking spaces

– Easy access to major EXPY (90 / 294 / 194)

Bank owned REO – sold as-is, where-is, seller to make no reps or warranties

FLOOR PLAN

RENT ROLL

DEMOGRAPHICS

TURF REPORT

AMENDED SURVEY 1ST FLOOR

CONDO ASSOCIATION – 2ND AMENDMENT EXECUTION COPY

CONDO ASSOCIATION – 1ST AMENDMENT

CONDO ASSOCIATION – SPECIAL AMENDMENT

DECLARATION OF CONDOMINIUM RECORDED COPY

CONDO ASSOCIATION BYLAWS AS RECORDED 

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