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7700 W. Belmont Ave
Chicago , IL 60634
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888 317 9983
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773 664 0013

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Status: Active (For Sale)
Type: Commercial
Lot Size: 1.38 Acres
Year Built: 2005
MLS ID: 12590283


Overview
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An unparalleled investment opportunity to acquire a 20,000 square foot professional office building strategically situated in the heart of Orland Park's thriving Medical Corridor. Divided into four flexible ~5,000SF units, this property offers a dynamic blend of immediate income via a proposed Sale-Leaseback and substantial value-add potential through the lease-up of ~12,000 SF of premium space. Its location and configuration make it ideal for medical, biotech, and professional office tenants seeking proximity to major healthcare facilities, robust patient demographics, and access to major thoroughfare. Building Configuration and Investment Upside: The property features four distinct suites, offering flexible leasing strategies for the investor: CURRENT MONTHLY INCOME-$16,833 POTENTIAL MONTHLY INCOME-$33,333 - Unit 1S (Ground Floor-~5,000 SF): Immediate Cash Flow Sale-Leaseback Opportunity: The current owner/occupant is offering to remain as a tenant, securing the buyer with immediate, stabilized cash flow at an estimated rate of $20.00SF NNN. - Unit 1N (Ground Floor - ~5,000 SF): Ideal for Medical Users- Presented in shell condition, this space is a perfect fit for a Medical User requiring a highly customized build-out, capitalizing on the property's prime location within the medical cluster. - Unit 2S (Second Floor -~5,000 SF): Specialized/Office Use Value-Add Potential: This floor is suited for a range of uses, from traditional office to specialized needs like a Biotech company or micro-office suite, allowing an investor to achieve full occupancy and maximize the property's $400,000 potential Gross Annual Income (GRI). - Unit 2N (Second Floor- ~5,000 SF) ~3000 Sf rented for $6000, and there is ~ 2000 sf vacant. (Separate owner). This beautifully constructed two-story office building currently has 4,899 SF of office/medical space for sale in the heart of Orland Park. An ideal owner-user investment opportunity. The buyer can occupy 1,959 SF while collecting rental income from the remaining 2,940 SF of leased space. The property is well maintained and features ample parking along with large windows wrapping the entire building, flooding the interior with natural light. Suite 200 (Vacant) showcases a high-end build-out with quality finishes throughout. Elegant details such as solid mahogany doors, wainscoting throughout, and striking double glass entry doors create a refined and professional atmosphere. This is a PRIME office space that truly leaves a lasting impression!

Courtesy Of: Coldwell Banker Realty


Feature Highlights


  • Additional Parcels

General Features


List Date:
03/12/2026

Exterior Features and Amenities


Lot Size Dimensions:
60113

Financial


Days On Market:
7
Tax Annual Amount:
$112,581.30
Tax Year:
2024


Directions


W 143 to John Humphrey Dr

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-03-27
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