MIXED USED IN TINLEY PARK

Retail-Commercial for Sale
Catylist Listing ID: 30474882
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 4,100 SF
Gross Building Area: See Agent
Gross Land Area: 11,000 SF
Sale Price: $549,900
Unit Price: $134.12 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: LIBERTY BUILDING
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2019

Overview / Comments

A RECENT TOTAL REHAB FULLY LEASED MIXED USE BUILDING IN DOWNTOWN TINLEY PARK. HAS 2 STOREFRONTS & ONE APARTMENT WITH GARAGE. FIRST LEASE EXPIRES 6/2021 WITH 3% ANNUAL INCREASES. PERFECT FOR THE INVESTOR OR OWNER USER. BUILDING IS 4,100 SF AND HAS 14 PARKING SPOTS. GREAT ROOFTOP ON THE 2 BEDROOM & 1.1 BATH WITH HUGE KITCHEN & LIVING ROOM. JUST LIKE CHICAGO STYLE APT. LIVING. THERE IS AN ADDITIONAL 1 ACRE FOR SALE ADJACENT TO THIS PROPERTY. WALKING DISTANCE TO TRAIN STATION, RESTAURANTS, SHOPS AND BUSINESSES.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $8,583 (Annual)
Gross Operating Income $45,516 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Cook
Tax ID/APN: 28301110210000
Zoning: NG
Retail Clientele: General, Family, Business
Property Located Between: 159th STREET & 171st STREET
Property Visibility: Excellent
Largest Nearby Street: 171st STREET
Feet of Frontage: 60
Traffic/Vehicle Count: 16,800
Highway Access: MINUTES FROM I-80, I-57 AND I-355
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1970
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 14
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: ZONING ALLOWS FOR MULTI FAMILY, MIXED USE & BUSINESS.
Lot Frontage: 60
Lot Depth: 182
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,302 104,377 255,166
Median Age: 39.19 40.28 40.19
Households: 6,129 39,441 93,638

Contact

© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northern Illinois Commercial Association of Realtors (NICAR) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.