Single Tenant State GovernmentDepartment of Corrections Headquarters | 8% Cap

Rare opportunity to acquire a long term committed single-tenant government-leased facility in Chicago at an 8% cap rate. The three-story ± 30,000 SF building serves as the Headquarters for the Chicago Department of Corrections. The mission critical tenant has occupied the property for over 25 years underscoring its strategic location and long-term stability. A new 5-year lease renewal is currently being executed featuring 2.5% annual rental increases. BROKER OF RECORD: KAREN SANDVOSS Be Realty Group PropertyManagement@BeRealtyGroup.com 773-572-4590 IL License #: 471022143