Mixed-Use Medical Price

Reduced
Office in Berwyn
$ 395,000

2618 Ridgeland Ave. | Berwyn, IL

$ 445,000
Investment Highlights
4,700 SF mixed-use building on 7,900
SF lot plus 3,900 SF parking lot
Currently 100% occupied
2,740 SF used as medical office
3 bed, 2 bath apartment
Medical office built out with waiting room, 4 offices, several treatment
rooms, x-ray room, a lab and kitchenette
Current Monthly Income: $6,250
Ample parking behind building and in
overflow lot
Recent cosmetic updates to exterior
Zoning: C-1, limited commercial
Taxes (2013): $10,941

Property Highlights
Near 26th and Ridgeland, this 1.5 story
mixed-use building is fully occupied. The
2,740 square foot storefront is occupied
by a medical office. The office is built out
with several private offices, a waiting room,
treatment rooms, an x-ray room, a lab and
a kitchenette. A three bedroom, two bath
apartment is located on the second floor.
The property has ample parking with an attached garage and two parking lots.

Area Highlights
Berwyn is a western suburb of Chicago totaling 3.8 square miles. The town is home
to 56,657 people and 18,910 households
as of the 2010 census.
Disclaimer: Millennium Properties R/E is the owners designated agent and makes no warranties or representations as to the accuracy or completeness of the information contained herein. The information
has been obtained sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale.

Brad Thompson Michael Mintz

Vice President
(312) 338 - 3012

Associate
(312) 338 - 2578

bthompson@mpirealestate.com

mmintz@mpirealestate.com

Now:
$ 395,000

2618 Ridgeland Ave. | Berwyn, IL

Rent Roll
Annual
Rent

Rent/SF

Lease
Exp.

Unit

Tenant

Ridgeland Foot &

Ankle

$60,000

2,740

$21.90

Net

MTM

80% of expenses reimbursed to ownership

Residential Tenant

$15,000

1,960

n/a

n/a

Annual

$75,000

4,700

$21.90

Total/Average

SF

Lease
Type

Comments

Aerial

Overflow Parking

Mixed-Use with
Parking

Disclaimer: Millennium Properties R/E is the owners designated agent and makes no warranties or representations as to the accuracy or completeness of the information contained herein. The information
has been obtained sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale.

Brad Thompson

(312) 338-3012
bthompson@mpirealestate.com

Michael Mintz

(312) 338-2578
mmintz@mpirealestate.com

Now:
$ 395,000

2618 Ridgeland Ave. | Berwyn, IL

Property Photos

Waiting Room

Medical Records Area

Exam Room

Parking Area

Disclaimer: Millennium Properties R/E is the owners designated agent and makes no warranties or representations as to the accuracy or completeness of the information contained herein. The information
has been obtained sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale.

Brad Thompson

(312) 338-3012
bthompson@mpirealestate.com

Michael Mintz

(312) 338-2578
mmintz@mpirealestate.com