3612 Lincoln Hwy, Olympia Fields
Office | 8.23% CAP | Pro-Forma 12.50% CAP | 18,100 SqFt
Marketing description
Offered for sale is a 18,100 SF multi-tenant office building featuring a diverse mix of office and retail-oriented service tenants, strategically located along US-30 (Lincoln Highway) in Olympia Fields, IL. The property offers investors strong in-place income with a clear and executable value-add strategy.
The building is currently approximately 79.28% occupied, generating $192,854.08 in gross scheduled income, with 3,615 SF of vacant space across multiple suites. The unit configuration allows for flexible leasing to professional office users, medical, insurance, personal services, and neighborhood-serving retail-style tenants.
Tenants benefit from direct exterior access, visibility along Lincoln Highway, convenient parking, and flexible suite sizes—making the property well-suited for small to mid-size businesses that serve the surrounding residential and commuter population.
Investment highlights
- Building Size: 18,100 SF
- Asset Type: Multi-Tenant Office Building (Retail-Style Tenants)
- Current Gross Income: $192,854.08 annually
- Occupancy: 79.28% (14 occupied / 3 vacant suites)
- Vacant Space: 3,615 SF with near-term lease-up potential
- Tenant Profile: Professional services, insurance, transportation, personal care, office users
- Location: High-visibility frontage along US-30 (Lincoln Highway)
- Strategy: Value-add through lease-up, rent optimization, and OPEX/CAM restructuring
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