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Listed by Faten Razikof RE/MAX 1st Service
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Est. payment /mo
8,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 8,500 sqft
MLS Listing ID 12693415
Year Built 1975
Annual Tax Amount $39,454
Tax Year 2023
Lot Dimensions 7956
Property Sub-Type Retail/Stores
Property Description
Prime Retail Investment Opportunity - Fully Leased Income-Producing Asset. Offered at $2,600,000, this exceptional retail center presents a rare opportunity to acquire a stabilized, income-producing property in a highly desirable area! The property is strategically located on a busy, high-traffic street with excellent visibility, strong demographics, and convenient access, making it an attractive destination for both tenants and customers. The center is currently occupied by two established tenants, providing immediate and reliable rental income for investors. Situated in a thriving area surrounded by residential neighborhoods, retail, dining, and other commercial developments, the property benefits from consistent traffic and strong consumer activity. Key highlights include: * Fully leased with two rent-paying tenants * Strong cash flow and investment stability * High-visibility location on a major thoroughfare * Excellent traffic counts and exposure * Desirable trade area with strong surrounding demographics * Ample parking and easy customer access * Long-term upside in a growing market Whether you are seeking a passive income investment, a 1031 exchange opportunity, or a valuable addition to your commercial real estate portfolio, this well-positioned retail center offers both immediate returns and long-term potential.
Location
State IL
County Cook
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com