Investment Highlights
- Government anchored office building occupied by multiple tenants operating on gross leases
- The State of Illinois received a credit upgrade in June 2021 to Baa2 from Baa3 by Moody’s
- The building is strategically positioned two blocks from the Illinois State Capital Building
- Surrounded by a number of state-tenanted buildings
- Property was recently upgraded with over $77,000 in tenant improvements
- 4 tenants occupy 19,528-square-feet of the properties 59,829-square-feet total rentable building area
- Great value add opportunity
- Excellent Demographics (170,000 Residents-$87,000 AHHI)
- Two points of ingress/egress
