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ARLINGTON
                                              MEDICAL
                                              OFFICE
                                              BUILDING
                                              ARLINGTON HEIGHTS,
                                              IL




                                              OFFERING
                                              MEMORANDUM




EXCLUSIVE LISTED BY:   HTTP://REALTY.SWILABS.COM
                       worldwidescout @ yahoo . com
ARLINGTON MEDICAL OFFICE BUILDING
ARLINGTON HEIGHTS, IL


                    Investment overview


                    The Arlington Medical Office Building is a 30,010 square foot
                    Class A. Medical Office Building located in affluent
                    Arlington Heights, IL 15 miles from Chicago.




                    The property is currently well leased with great upside potential for more rent, and is
                                            located 1 mile from Northwest Community Hospital which
                                            is recognized as the Northwest Suburbs of Chicago's Premier
                                            Hospital.
   Investment Highlights
- 1 Mile to Premier Hospital                A major tenant is Advocate Health Care which is
- 1/2 mile From Full I-90 Interchange       an outpatient clinic. Advocate has an unmovable base and is
                                            largest fully integrated non for profit health care system in
- Class A Medical Office                    metropolitan Chicago and is recognized as one of the top ten
- Top Health Care Providers as tenants      systems in the country. More then 24,000 people work at
                                             Advocate, making it one of Chicagolands 10 largest
                                            employers and the fourth largest in the private sector. The
                                            remaining tenants are local medical specialized practitioners.


                                            At a great Cap rate this property offers an investor a
                                            tremendous opportunity to enter or expand into a premier
                                            established Medical Office Market.
ARLINGTON MEDICAL OFFICE BUILDING
                ARLINGTON HEIGHTS, IL


                Offering Summary
                Price                                      $ 4,435,313
                Gross Square Feet                               30,010
                Rentable Square Feet 30,010
                Year Built/Remodeled 1988 / 1998
                Parcel Size                               1.5 Acres


                VITAL DATA
                                                  CAP Rate - Current 9.0%
                                                  Net Operating Income - Current $399,178




Th is in f orm a t io n ha s be e n se c ur e d f ro m sou rc e s w e be l ie v e t o be re l i a bl e, but w e ma ke no r ep re s e nt a t i on s or w a r ra nt i e s , e xpr e ss e d
i m pl i e d, as t o t h e acc u rac y of t he i nfo rmat i on . R efe r e nc e s t o sq uar e foot ag e or age are ap p roxi ma t e . Bu ye r mu st v e ri f y t h e
i n f orm a t io n a nd b e a rs a l l r is k f or a ny i n a cc u ra c ie s . AB Commercial
CONTACT HTTP://REALTY.SWILABS.COM - WORLDWIDESCOUT @ YAHOO . COM
                                                                                                                                                      3
ARLINGTON MEDICAL OFFICE BUILDING
     ARLINGTON HEIGHTS, IL


     Rent Roll

                                                                     Monthly         Total                    Total
                                                   Monthly CAM,
                                      Lease Base                      Gross         Annual    Proration     Monthly             Start     Lease
                                                     INS, Taxes
             Tenants        Suite #         Rent                       Rent           Rent       Factor       Rent     Sq. Ft   Date     Expires

    Advocate Medical                                                                                                             Oct-
              Group       2nd Floor   $25,936.58      $10,709.27   $36,645.85   $439,750.24     0.5513    $36,645.85   16381      10     Sep-12

                                                                                                                                 Sep-
   Barnes & Klatt, PC    1127-1129     $3,836.92       $1,688.26    $5,525.18    $66,302.16     0.1033     $5,525.18    3071       07    Aug-18
                                                                                                                                 Apr-
                                       $4,900.03       $1,291.75                                0.1102                 3,301              Apr-11
                                                                                                                                  08
      Sleep Solutions    1132-1134                                  $6,191.78    $74,301.36                $6,191.78
                                                                                                                                 Apr-
    Fortune Personnel         1146     $1,750.00         $92.05     $1,842.05    $22,104.60     0.0420     $1,842.05    1248      10     Mar-13


MD Orthotic/Prosthetic        1137     $1,604.17                    $1,604.17    $19,250.04     0.0337     $1,604.17    1000    Jul-10    Jul-11


               Vacant         1148         $0.00          $0.00        $0.00          $0.00     0.0186        $0.00      552

               Vacant    1141-1142         $0.00          $0.00        $0.00          $0.00     0.0537        $0.00     1596

               Vacant    1139&1144         $0.00          $0.00        $0.00          $0.00     0.0790        $0.00     2347

               Vacant         1125         $0.00          $0.00        $0.00          $0.00     0.0074        $0.00      219

              TOTAL                   $38,027.70      $13,781.33   $51,809.03   $621,708.40                            29715
ARLINGTON MEDICAL OFFICE BUILDING –       FINANCIAL OVERVIEW
ARLINGTON HEIGHTS, IL




                        ANNUAL INCOME            $621,708.40

                        ANNUAL EXPENSES
                        RE Taxes                 $183,829.20
                        Insurance                  $8,996.00


                        HVAC                           $0.00
                        Snow Removal               $4,000.00
                        Lawn Care                  $2,040.00
                        Security/Alarm             $1,200.00
                        Electricity                $9,552.99
                        Water & Sewer              $1,526.49
                        Trash                      $2,652.81
                        cleaning                   $6,000.00
                        Plumbing
                        Elevator                   $2,732.72

                        Total Expenses           $222,530.21

                        Net Operating Income     $399,178.19




                          Net Operating Income    $399,178.19
ARLINGTON MEDICAL OFFICE BUILDING
                                                             ARLINGTON HEIGHTS, IL


                                                             Location Overview
                                                              INVESTMENT HIGHLIGHTS

                                                              Affluent Area
                                                              1 mile from Northwest Community Hospital
                                                              15 miles from Chicago
                                                              Pro business community
                                                              1/2 mile from full I-90 interchange




                                                                   The Arlington Medical Office Building is situated in the affluent
                                                                   Northwest suburb of Arlington Heights. The property is located 1 mile
                                                                   from Northwest Community Hospital and 1/2 a mile from a full I-90
                                                                   interchange. The building is 15 miles from Chicago

                                                                   Arlington Heights is an established bedroom community home to famous
                                                                   Arlington Park Racetrack.

                                                                   While retaining its suburban feel Arlington Heights has seen it's downtown area
                                                                   revitalized like no other in metropolitan chicagoland.

                                                                   With its new highrise residential developments and theatre district,Arlington Heights
                                                                   has retained it's long-time residents while attracting younger generations. Having
                                                                   an established Medical Building in this market is a once in a life time opportunity.




Th is in f o rm a t i o n h a s be e n s e c u r e d f r o m s ou r c e s w e b e l ie v e t o be r e l i a bl e, b ut w e m a k e n o r ep re s e n t a t i on s or w a r r a n t i e s , e xp r e s s e d or
i m p l i e d, as t o t h e acc u r ac y o f t he i n fo r ma t i on . R efe r e n c e s t o sq ua r e f oot ag e or a ge ar e a p p r oxi m a t e . Bu y e r m u st v e r i f y t h e
i n f or m a t io n a nd b e a r s a l l r i s k f or a ny i n a c c u r a c ie s . A B Co m m erci al
CO NTA CT A NA ND BH ATT - AA BHA TT@ GM AI L.CO M
                                                                                                                                                                                                                 11
ARLINGTON MEDICAL OFFICE BUILDING
ARLINGTON HEIGHTS, IL


                                    Aerial Photo




                                    12
ARLINGTON MEDICAL OFFICE
BUILDING
ARLINGTON HEIGHTS, IL



OFFERING MEMORANDUM

EXCLUSIVE LISTED BY:

 HTTP://REALTY.SWILABS.COM
 worldwidescout @ yahoo . com
 209-975-SELL

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Office Building commercial real estate for sale

  • 1. ARLINGTON MEDICAL OFFICE BUILDING ARLINGTON HEIGHTS, IL OFFERING MEMORANDUM EXCLUSIVE LISTED BY: HTTP://REALTY.SWILABS.COM worldwidescout @ yahoo . com
  • 2. ARLINGTON MEDICAL OFFICE BUILDING ARLINGTON HEIGHTS, IL Investment overview The Arlington Medical Office Building is a 30,010 square foot Class A. Medical Office Building located in affluent Arlington Heights, IL 15 miles from Chicago. The property is currently well leased with great upside potential for more rent, and is located 1 mile from Northwest Community Hospital which is recognized as the Northwest Suburbs of Chicago's Premier Hospital. Investment Highlights - 1 Mile to Premier Hospital A major tenant is Advocate Health Care which is - 1/2 mile From Full I-90 Interchange an outpatient clinic. Advocate has an unmovable base and is largest fully integrated non for profit health care system in - Class A Medical Office metropolitan Chicago and is recognized as one of the top ten - Top Health Care Providers as tenants systems in the country. More then 24,000 people work at Advocate, making it one of Chicagolands 10 largest employers and the fourth largest in the private sector. The remaining tenants are local medical specialized practitioners. At a great Cap rate this property offers an investor a tremendous opportunity to enter or expand into a premier established Medical Office Market.
  • 3. ARLINGTON MEDICAL OFFICE BUILDING ARLINGTON HEIGHTS, IL Offering Summary Price $ 4,435,313 Gross Square Feet 30,010 Rentable Square Feet 30,010 Year Built/Remodeled 1988 / 1998 Parcel Size 1.5 Acres VITAL DATA CAP Rate - Current 9.0% Net Operating Income - Current $399,178 Th is in f orm a t io n ha s be e n se c ur e d f ro m sou rc e s w e be l ie v e t o be re l i a bl e, but w e ma ke no r ep re s e nt a t i on s or w a r ra nt i e s , e xpr e ss e d i m pl i e d, as t o t h e acc u rac y of t he i nfo rmat i on . R efe r e nc e s t o sq uar e foot ag e or age are ap p roxi ma t e . Bu ye r mu st v e ri f y t h e i n f orm a t io n a nd b e a rs a l l r is k f or a ny i n a cc u ra c ie s . AB Commercial CONTACT HTTP://REALTY.SWILABS.COM - WORLDWIDESCOUT @ YAHOO . COM 3
  • 4. ARLINGTON MEDICAL OFFICE BUILDING ARLINGTON HEIGHTS, IL Rent Roll Monthly Total Total Monthly CAM, Lease Base Gross Annual Proration Monthly Start Lease INS, Taxes Tenants Suite # Rent Rent Rent Factor Rent Sq. Ft Date Expires Advocate Medical Oct- Group 2nd Floor $25,936.58 $10,709.27 $36,645.85 $439,750.24 0.5513 $36,645.85 16381 10 Sep-12 Sep- Barnes & Klatt, PC 1127-1129 $3,836.92 $1,688.26 $5,525.18 $66,302.16 0.1033 $5,525.18 3071 07 Aug-18 Apr- $4,900.03 $1,291.75 0.1102 3,301 Apr-11 08 Sleep Solutions 1132-1134 $6,191.78 $74,301.36 $6,191.78 Apr- Fortune Personnel 1146 $1,750.00 $92.05 $1,842.05 $22,104.60 0.0420 $1,842.05 1248 10 Mar-13 MD Orthotic/Prosthetic 1137 $1,604.17 $1,604.17 $19,250.04 0.0337 $1,604.17 1000 Jul-10 Jul-11 Vacant 1148 $0.00 $0.00 $0.00 $0.00 0.0186 $0.00 552 Vacant 1141-1142 $0.00 $0.00 $0.00 $0.00 0.0537 $0.00 1596 Vacant 1139&1144 $0.00 $0.00 $0.00 $0.00 0.0790 $0.00 2347 Vacant 1125 $0.00 $0.00 $0.00 $0.00 0.0074 $0.00 219 TOTAL $38,027.70 $13,781.33 $51,809.03 $621,708.40 29715
  • 5. ARLINGTON MEDICAL OFFICE BUILDING – FINANCIAL OVERVIEW ARLINGTON HEIGHTS, IL ANNUAL INCOME $621,708.40 ANNUAL EXPENSES RE Taxes $183,829.20 Insurance $8,996.00 HVAC $0.00 Snow Removal $4,000.00 Lawn Care $2,040.00 Security/Alarm $1,200.00 Electricity $9,552.99 Water & Sewer $1,526.49 Trash $2,652.81 cleaning $6,000.00 Plumbing Elevator $2,732.72 Total Expenses $222,530.21 Net Operating Income $399,178.19 Net Operating Income $399,178.19
  • 6. ARLINGTON MEDICAL OFFICE BUILDING ARLINGTON HEIGHTS, IL Location Overview INVESTMENT HIGHLIGHTS Affluent Area 1 mile from Northwest Community Hospital 15 miles from Chicago Pro business community 1/2 mile from full I-90 interchange The Arlington Medical Office Building is situated in the affluent Northwest suburb of Arlington Heights. The property is located 1 mile from Northwest Community Hospital and 1/2 a mile from a full I-90 interchange. The building is 15 miles from Chicago Arlington Heights is an established bedroom community home to famous Arlington Park Racetrack. While retaining its suburban feel Arlington Heights has seen it's downtown area revitalized like no other in metropolitan chicagoland. With its new highrise residential developments and theatre district,Arlington Heights has retained it's long-time residents while attracting younger generations. Having an established Medical Building in this market is a once in a life time opportunity. Th is in f o rm a t i o n h a s be e n s e c u r e d f r o m s ou r c e s w e b e l ie v e t o be r e l i a bl e, b ut w e m a k e n o r ep re s e n t a t i on s or w a r r a n t i e s , e xp r e s s e d or i m p l i e d, as t o t h e acc u r ac y o f t he i n fo r ma t i on . R efe r e n c e s t o sq ua r e f oot ag e or a ge ar e a p p r oxi m a t e . Bu y e r m u st v e r i f y t h e i n f or m a t io n a nd b e a r s a l l r i s k f or a ny i n a c c u r a c ie s . A B Co m m erci al CO NTA CT A NA ND BH ATT - AA BHA TT@ GM AI L.CO M 11
  • 7. ARLINGTON MEDICAL OFFICE BUILDING ARLINGTON HEIGHTS, IL Aerial Photo 12
  • 8. ARLINGTON MEDICAL OFFICE BUILDING ARLINGTON HEIGHTS, IL OFFERING MEMORANDUM EXCLUSIVE LISTED BY: HTTP://REALTY.SWILABS.COM worldwidescout @ yahoo . com 209-975-SELL