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Beth Kaim, Sales Associate
SOLD
$1,025,000
Date 12/04/2023

777 W Bridge Street
Monticello, IL 61856

Office, Business Opportunities
Residence
3,992
Sqft
0.52
Lot Size
Courtesy: GUTH & ASSOCIATES,LLC

Description for 777 W Bridge Street Monticello, IL 61856

0ffering medical leased office building with a NOI of $102,000 and long-term lease through 2037 in place. Property is leased to Memorial Health Systems, located in Springfield, Illinois, who acquired the original lessee, Decatur Memorial Hospital. 777 W Bridge in Monticello, Illinois is a 3,992 square foot building and constructed in 2018. Building is situated on 0.52 acres and is leased through 12/31/2037 with a triple net (NNN) lease at $27.00/SF. Memorial Health Systems Memorial Health System, based in Springfield, Illinois, is a leading healthcare organization in downstate Illinois with over 6,700 employees within their network of hospitals. Decatur Memorial Hospital (joined Memorial Health System in October 2019).

Property Details

11763045
Office, Business Opportunities, 1 Story
Piatt
2018
0.52 Acres
1
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Courtesy: GUTH & ASSOCIATES,LLC
Listings courtesy of MRED as distributed by MLS GRID

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Beth Kaim 1010 Rohlwing Road, Elk Grove Village, IL 60007 | Phone: (847) 452-1994 | Email: beth@yourpad.com

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