$740,000
$750,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
6,500 SqFt
SOLD DATE : 09/27/2024
Key Details
Sold Price $740,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $113
MLS Listing ID 12100285
Sold Date 09/27/24
Year Built 1954
Annual Tax Amount $1,339
Tax Year 2022
Lot Dimensions 115 X105
Property Description
Calling all investors for this OUTSTANDING OPPORTUNITY! Mixed use strip mall with a residential condo above one of the five retail units. All units are rented and bring in a CAP RATE of above 9%! The brick building is approx. 7000sq. ft. and divided into 5 retail spaces that have sprinklers and separate electric meters. This strip mall is on the east side of Manheim Road just north of Cermak. The owners live in the 2 bedroom, 2 bath condo and will stay renting if the new owners will rent to her.
Location
State IL
County Cook
Area Westchester
Zoning OTHER
Interior
Cooling Central Air
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site
Building
Level or Stories 2
Structure Type Brick,Concrete,Block
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Faraz Mota • USA Realty Group Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "