Oak Lawn Medical Complex
5540 W 111th St | Oak Lawn, IL 60453
$16.00 SF/yr (NNN)
Lease Rate
Property Details
| Lease Rate: | $16.00 SF/yr (NNN) |
| Year Built: | 1973 |
| Property Type: | Office |
| Building Class: | A |
| Building Size: | 15,000 SF |
Property Description
Owner may consider a sale. Introducing a premier leasing opportunity at 5540 W 111th St in Oak Lawn, IL, ideal for new medical uses! Previously occupied by a physical therapy provider, the space is perfectly suited for medical professionals seeking a well-equipped and adaptable space. With ample parking and close proximity to leading healthcare facilities, this space provides a prime opportunity for medical practices to establish a strong presence in a thriving community. Elevate your medical practice at this exceptional property, where every detail is designed to support your success.
Location Description
If you're a medical tenant considering Oak Lawn, IL, you're in for a treat! The area is surrounded by fantastic amenities and you'll be in close proximity to leading healthcare facilities including Christ Hospital, Little Company of Mary (OSF), and Northwestern Memorial Hospital. This creates a strong network of resources for your practice, making it easy to collaborate and provide comprehensive care for your patients. Additionally, the location offers convenient access to retail and dining options at Oak Lawn Promenade, as well as access to major roadways and public transportation, the area ensures easy access for patients and staff. It's the perfect setting for a medical practice seeking a well-connected and supportive community.
Highlights
- Modern amenities tailored for medical use
- Customizable floor plans to suit diverse needs
- Medical use building
- Ample onsite parking for convenience and accessibility
- Previous tenant was a physical therapy provider
- Prime location with visibility and accessibility
- Close proximity to leading healthcare facilities
- Adaptable space ideal for new medical uses
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Active
| Name | Space Type | Space Size | Lease Rate | Lease Term | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 5540 W. 111th | Medical | 4,700 SF | $16.00 SF/yr | 60 months | ||||||
5540 W. 111th
|
| 0.3 Miles | 0.5 Miles | 1 Miles | |
|---|---|---|---|
| Total households | 327 | 1,009 | 5,439 |
| Total population | 857 | 2,613 | 13,429 |
| Population white | 71.1% | 71.3% | 71.1% |
| Population black | 4.4% | 5.3% | 8.9% |
| Population hispanic | 21.6% | 18.9% | 17.6% |
| Population asian | 4.3% | 5.4% | 3.4% |
| Population pacific islander | 0.0% | 0.0% | 0.0% |
| Population american indian | 0.4% | 0.3% | 0.4% |
| Population other | 8.5% | 7.1% | 6.8% |
| Persons per household | 2.6 | 2.6 | 2.5 |
| Average household income | $94,113 | $98,974 | $98,123 |
| Average house value | $291,336 | $292,438 | $277,935 |
| Average age | 44 | 44 | 42 |
| Average age male | 42 | 42 | 40 |
| Average age female | 45 | 45 | 43 |