Bought with Ann Pancotto of Compass
$1,250,000
$1,400,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
13,200 SqFt
SOLD DATE : 09/30/2024
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 13,200 sqft
Price per Sqft $94
MLS Listing ID 12041842
Sold Date 09/30/24
Year Built 2006
Annual Tax Amount $97,000
Tax Year 2022
Lot Dimensions 215X218
Property Sub-Type Retail/Stores
Property Description
Commercial opportunity in high traffic area close to 159th & 94th Ave in Orland Hills. Built in 2006 this 13,200 sq ft plaza sits on 45,000 sq ft lot and offers 40 parking spots. Some of the tenants include grocery mart, fast food, barber, cleaners, bakery & smoke shop. One vacant 1400 sq ft unit for lease with multiple inquiries. When this unit is leased we will be at a 7.5% cap rate. Leases are currently gross so potential to increase NOI.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
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