212-224 S Milwaukee Ave Office Portfolio

224 Building has a second floor Leasable or Owner Occupiable one-bedroom, one-bath apartment, newly completed with vaulted ceilings, LVT flooring, new appliances (microwave/range exhaust, gas range/oven, large side-by-side refrigerator, stacked washer/gas dryer) eat-in kitchen, living room, laundry and walk-in closet with large paver block roof decks, and outdoor gas grille. In-Pro shower surround with glass shower door. Granite counter tops, flush valve water closets. Decks can support an outdoor hot-tub. Apartment is associated with a first floor suite and can be a Leasable Live/Work Unit. Unit can be used as owner personal office suite unit. Eight (8) total rentable units, each with its own ADA toilet room, and direct outdoor access. Four (4) units face Milwaukee Avenue with high visibility back-lit signage. One unit with stairs to lower level office space for a total 2,000 sq.ft. rentable area. Lower level has a unisex toilet room with one water closet, urinal, and lavatory, and large self-storage area, including washer/drier for house-keeping. Building natural gas and electrical services are designed for separately metered suites, and a 35kW gas driven electrical emergency generator to power the lower level, sump-pump and sewage ejectors, and critical loads during a power outage (rare), each of eight rentable suits has its own gas-fired rooftop mounted A/C unit. Building is fully sprinklered with central fire alarm system. Comcast and AT&T internet services available. EPDM roof still under original warranty. Building comes with furnished apartment, 7 ft. Western snowplow and RAM 2500 HD truck, snowplow, attic stock of flooring, paint, and miscellaneous materials. Near the Des Plaines river, but not in the 100 year flood hazard area. Total land area with two buildings, 29,028 sq.ft. or 0.66 AC. 39 total parking spaces, and up to two HC spaces.
212 Building originally constructed in 1968, extensively re-modeled in 1988, and continuously up-dated on an annual basis, with full-height lower level under half the building. With seven (7) first floor rentable office spaces, all individually metered for both gas and electric. Each first floor unit served by its own gas-fired rooftop mounted A/C unit. Common central corridor with access to public Men's and Women's toilet rooms, refreshment counter with sink and microwave, generous waiting area with floor to ceiling glass walls. New EPDM roof installed in 2021. Large lower level where electrical service, water service and gas service all enter. 8 ft. high ceiling, completely finished space.
Both building include two (2) separate exits from the lower level at opposite ends of the building for safety. The buildings are both connected to the emergency generator to power lower level lighting, critical loads (servers), and sump-pumps. Both buildings are connected with fiber optic cable to allow IT between buildings. Both buildings are masonry construction; 212 has load bearing exterior masonry walls, beam and bar-joist construction, metal deck and floor with poured concrete first floor. 224 is of steel framed construction with brick façade, metal decking and concrete floors. Both buildings currently have warranted roofs. Complete construction drawings and equipment submittals for 224 Building are on-site. The common parking lot is sealed every 2 years and in very good condition. The buildings are kept clean and organized. We welcome visitors and can provided a detailed showing to interested parties. We have Owned and operated these two buildings, 212-224 S. Milwaukee Avenue for 35 years. We currently also rent about 2,000 sq.ft., including the second floor apartment. This is the best property in town to rent, own, and occupy. Rents for above the market rate, and we have to turn people away because its fully rented!