Views: 2 DOM: 221 Updated: 11.28.23 Posted: 05.04.23 Status: Active


Price $1,376,697
Built/Renov 1988
Tenant State of Illinois - Council on Developmental Disabilities
Cap Rate 8.75%
Lease Type Modified Gross
Guarantor Corp Rated
Size/SF 9,630
Lease Start 08-01-2021
#Units 103
Price/SF $142.96
Expiration 07-31-2026
Tenant Type Government
NOI $120,461
R. Term 2.7
Ownership Fee Simple
Rent/SF $12.51
Increases 2.0%/2/yrs
Pop 5Mi 121,186
Lot/AC 0.42
Options 1/5yrs/2%
AHHI 5Mi $70,904

Lease Highlights

  • ICDD has occupied property since 2009
  • Tenant has 3 years remaining in its current term with 1 (5-year) option to extend
  • Lease features 2% rent increases in Year 3 and Year 5 in both current term and option
  • Modified Gross lease | Landlord responsible for general maintenance
  • HVAC replaced within the last 3-5 years
  • Roof replaced within the last 5-7 years

Location Description

The 6 State of Illinois buildings & The Illinois Coalition Against Domestic Violence building are available as a portfolio or individually. They are strategically positioned three blocks south of the Illinois State Capitol Building. The portfolio is surrounded by a number of state-tenanted buildings such as CyberDrive Illinois, the Illinois State Museum, the Archives, the Library, the Attorney...



  • 1 Mile
  • 3 Miles
  • 5 Miles


About Tenant

The Illinois Council on Developmental Disabilities (ICDD) was created under a federal mandate in 1974 as an amendment to the Developmental Disabilities Assistance and Bill of Rights Act (DD Act)...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 12,757 79,693 118,906
2023 Total Population : 13,009 80,739 119,862
2023 Employed Civilian Pop : 6,233 36,777 55,954
2023 Total Businesses : 1,566 4,240 6,096
2023 Average Household Income : $ 68,074 $ 69,931 $ 81,068
2023 Total Consumer Spending : $ 385 M $ 2297 M $ 3839 M
2023 Median Age : 37 39 41
2023 Total Households : 6,437 37,505 54,477
2023 Pop Age 25+: Bachelor's Degree : 1,903 9,851 17,018
2023 Average Home Value : $ 159,810 $ 163,416 $ 185,373
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
W Canedy St Spring St 2017 600 0.05 mi
W Lawrence Ave S College St 2017 5,100 0.08 mi
E Lawrence Ave S 2nd St 2017 5,400 0.10 mi
Spring St W Canedy St 2017 2,550 0.10 mi
S 2nd St E Canedy St 2017 5,100 0.11 mi
W Cook St Spring St 2017 6,400 0.12 mi
S College St W Cook St 2017 1,050 0.13 mi
S College St W Canedy St 2017 550 0.13 mi
Spring St W Cook St 2017 1,900 0.14 mi
W Scarritt St Spring St 2017 550 0.16 mi

Listing Broker

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