5 Location Service Suites CRE Portfolio & Biz - Business for Sale

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Service Suites CRE Portfolio with 5 Locations in Chicagoland

Chicago, IL, US
Added 1 year ago
Commercial Real Estate Leasing and Property Management
20 years in business
Absentee / Semi-AbsenteeRetiring Owner

The business is a portfolio of five owned commercial real estate properties in the Chicagoland area, operating as service suite rentals for independent B2C service providers, with nearly 20 years of operating history and a leasing/tenant-management operation.

Key Information

Asking

$4.9M

Revenue

$971K

Earnings

$639K

Multiple

7.7x

Key Highlights

  • Portfolio includes 5 owned commercial condos at 5 different locations in the Chicagoland / Cook & Multi-County area
  • Business has nearly 20 years of operating history
  • Average occupancy reported at approximately 96%
  • FF&E valued at $500,000 and inventory at $10,000 are included in the sale

Contact Info

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