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ILLINOIS DEPARTMENT OF HUMAN SERVICES (“IDHS”)

Request for Offers | Determined by Market

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915 East 63rd Street
Chicago, Illinois

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Under Contract

TEN-X AUCTION: JUNE 22-24, 2020 | CLICK HERE FOR AUCTION SITE

Can be Sold Separate or with:
Illinois Department of Employment Services | 1515 71st Street

Features

  • Tenant is Illinois Dept. of Human Services (“IDHS”)
    – 27-Year Operating History at this Location
    – Essential Facility with Over 125 State Employees
    – Provides Highly-Demanded State Assistance Programs
    – Institutionally Owned for 12 Years
  • New 5-Year Lease (Through April 30, 2025)
    – Lease Includes 1.5% Annual Rent Increases
    – State of Illinois Pays For Any Tax Increases Over Base Year\
  • Tremendous Growth Within Immediate Area
    – Two Blocks from University of Chicago Campus
    – New $28 Million Hyde Park Day School Located Across the Street
  • High Yielding, Stable Asset with Robust Returns

Contact

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com

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