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$445,000
Est. payment /mo
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $148
MLS Listing ID 12584699
Year Built 1975
Annual Tax Amount $22,120
Tax Year 2024
Lot Dimensions 2875
Property Sub-Type Retail/Stores
Property Description
Wow look at this (10+ CAP Rate) Opportunity to own a versatile multi-unit commercial building in the heart of Oak Lawn. This well-maintained property features three approximately 1,000 sq. ft. units, all currently leased, providing immediate income potential. Ideal for an owner-user looking to operate their business in one unit while collecting rental income from the other two spaces. The flexible layout allows for a wide variety of uses including office, dental, medical, legal, real estate, accounting, and many other professional services. The property offers ample storage space, an overhead door for convenient access, and approximately 10 parking spaces with parking available in both the front and rear of the building. Recent improvements include newer A/C units and furnaces for all three units, a newer roof, and updated bathrooms. Situated in a prime Oak Lawn location with high daily traffic counts, providing excellent exposure and accessibility for businesses. A great opportunity for both investors and business owners looking for strong location, income potential, and long-term value.
Location
State IL
County Cook
Area Oak Lawn
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Structure Type Brick
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Listed by Anthony Meier of Keller Williams Preferred Rlty
Nearby School & Business
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