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17475 Jovanna Drive

Homewood, IL 60430
  • $2,625,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 11300507
UPDATED: 70 min ago
$2,625,000
  • 0
    BEDS
  • 4.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1995
County:
Area:

School Ratings & Info

Description

Picturesque office building with 100% triple net leases. Currently 100% occupied. A portion of the building will be available for Owner-User in August 2022. Substantial updates include a new roof in 2014 w/guarantee through 09/2029, parking lot resurfacing (2015), six HVAC units replaced (2014-2015), exterior resurfacing/painting (2016-2017) and window replacements (2015 & 2019). Building has four public & four private restrooms (one w/shower) and five private kitchen/breakrooms. Built in 1995 by a local developer as its corporate headquarters, PLCC is currently 100% occupied and home to Benefit Administrative Systems, Inc. (BAS) and Help At Home, LLC (HAH). HAH's lease expires Sept. 30, 2026. BAS' lease expires July 31, 2022 and that will make available a contiguous 30,432 sq. feet (86%) of PLCC to an owner-user. This newly available space includes a well appointed management suite with private offices and two conference rooms, a suite with flexible workspaces, a call center and a training center all with their own security system. Employees enjoy the view of the pond, trees, shrubs, and perennial plantings from two outdoor patios. The Palmer Lake Corporate Center (PLCC) is located in the Chicago suburb of Homewood, IL, (Cook County) in the Palmer Lake Corporate Business Park which consists of office, research, and light industrial buildings. It is approximately 27 miles south of Chicago's Loop area and lies just south of the I-80/I-294 Interchange.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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17475 Jovanna Drive Homewood, IL 60430

  • Price: $2,625,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 70 min ago
  • MLS #: 11300507
0
Beds
0
Baths
0
½ Baths
4.37
Acres
1995
Built
Neighborhood:
Homewood
County:
Cook
Area:
Homewood
Property Description
Picturesque office building with 100% triple net leases. Currently 100% occupied. A portion of the building will be available for Owner-User in August 2022. Substantial updates include a new roof in 2014 w/guarantee through 09/2029, parking lot resurfacing (2015), six HVAC units replaced (2014-2015), exterior resurfacing/painting (2016-2017) and window replacements (2015 & 2019). Building has four public & four private restrooms (one w/shower) and five private kitchen/breakrooms. Built in 1995 by a local developer as its corporate headquarters, PLCC is currently 100% occupied and home to Benefit Administrative Systems, Inc. (BAS) and Help At Home, LLC (HAH). HAH's lease expires Sept. 30, 2026. BAS' lease expires July 31, 2022 and that will make available a contiguous 30,432 sq. feet (86%) of PLCC to an owner-user. This newly available space includes a well appointed management suite with private offices and two conference rooms, a suite with flexible workspaces, a call center and a training center all with their own security system. Employees enjoy the view of the pond, trees, shrubs, and perennial plantings from two outdoor patios. The Palmer Lake Corporate Center (PLCC) is located in the Chicago suburb of Homewood, IL, (Cook County) in the Palmer Lake Corporate Business Park which consists of office, research, and light industrial buildings. It is approximately 27 miles south of Chicago's Loop area and lies just south of the I-80/I-294 Interchange.
Exterior Features

Exterior Building Type BlockEifs (E.G. Dryvit).Glass Foundation Details Concrete Perimeter Outdoor Parking Over 100 Spaces Parking Total 154 Roof MembraneRubber Roof Structure Flat

Interior Features

Cooling Central AirZoned Flooring Concrete Heat Ventilation Central Heat/Indiv Controls Miscellaneous Inside AtriumElevator/S PassengerMulti-TenantPrivate Restroom/SPublic Restroom/S Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Approximate Age 16-25 Years Building Area Total 35418 Built Before1978 YN No Current Use Commercial Electric Circuit BreakersService - 201 To 600 AmpsPower - 480VThree Phase Fire Protection Sprinklers-Wet Geographic Locale South Suburban Gross Income 1056657 Gross Scheduled Income 105665 Leasable Area 35418 Location Commercial Business ParkWater View Mls Actual Status Active Net Operating Income 489078 Number Of Tenants 2 Operating Expense 167579 Possible Use Office And Research Property Offered For Sale Only Property Sub Type Office Tax Annual Amount 450000 Tax Year 2020 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsRoofScavengerStructureSewerVaries By Tenant Total Monthly Income 88054 Township Bremen Type Office/Tech Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Bhhs Chicago.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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