Views: 1 DOM: 220 Updated: 11.28.23 Posted: 05.04.23 Status: Active


Price $828,069
Built/Renov 1990
Tenant State of Illinois - Department of Human Services
Cap Rate 8.75%
Lease Type Modified Gross
Guarantor Corp Rated
Size/SF 8,307
Lease Start 09-01-2019
#Units 103
Price/SF $99.68
Expiration 08-31-2024
Tenant Type Government
NOI $72,456
R. Term 0.8
Ownership Fee Simple
Rent/SF $8.72
Increases 2.0%/2/yrs
Pop 5Mi 121,186
Lot/AC 0.44
Options 1/5yrs
AHHI 5Mi $70,904

Lease Highlights

  • IDHS has occupied property since 2009
  • Tenant has 1.5 years remaining in its current term with 1 (5-year) option to renew
  • Lease features 2% rent increase at start of the option period (Sept 2024) and in option Year 3
  • 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

Illinois created IDHS in 1997, to provide the state’s residents with streamlined access to integrated services, especially those who are striving to move from welfare to work and economic...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 12,990 79,618 119,115
2023 Total Population : 13,250 80,672 120,062
2023 Employed Civilian Pop : 6,472 36,834 56,066
2023 Total Businesses : 1,553 4,199 6,113
2023 Average Household Income : $ 69,379 $ 70,932 $ 81,310
2023 Total Consumer Spending : $ 406 M $ 2328 M $ 3859 M
2023 Median Age : 37 39 41
2023 Total Households : 6,680 37,488 54,598
2023 Pop Age 25+: Bachelor's Degree : 2,050 10,058 17,118
2023 Average Home Value : $ 159,815 $ 165,911 $ 186,149
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
W Lawrence Ave S College St 2017 5,100 0.06 mi
S College St W Canedy St 2017 550 0.08 mi
S College St W Cook St 2017 1,050 0.10 mi
W Canedy St Spring St 2017 600 0.10 mi
Spring St W Canedy St 2017 2,550 0.11 mi
S Pasfield St Fayette Ave 2017 600 0.11 mi
S Pasfield St W Lawrence Ave 2003 8,600 0.11 mi
Spring St W Cook St 2017 1,900 0.16 mi
W Cook St Spring St 2017 6,400 0.16 mi
E Lawrence Ave S 2nd St 2017 5,400 0.17 mi

Listing Broker

Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT




my activity