$ 799,900
8031-8039 87th ST Hickory Hills, IL 60457
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$ 799,900
Est. payment /mo
Active
8031-8039 87th ST Hickory Hills, IL 60457
6,200 SqFt
UPDATED:
09/25/2024 04:21 PM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $129
MLS Listing ID 11385038
Year Built 1978
Annual Tax Amount $49,683
Tax Year 2020
Lot Dimensions 100X150
Property Description
FULLY OCCUPIED GREAT INVESTMENT IMMACULATE 4 STOREFRONTS ON A HEAVY TRAFFIC 87TH STREET, GREAT FRONTAGE. THIS WELL MAINTAINED SHOPPING STRIP CONSISTS OF 4 STOREFRONTS, 6200 SQUARE FEET BRICK BUILDING, 1/2 ACRE LOT, PLENTY OF PARKING SPACES, OVER 25 SPACES IN THE FRONT AND SOME IN THE BACK, NEWER HEATING & A/C IN THE THREE STOREFRONTS, AND NEW A/C, HEATING, PLUMBING, ELECTRICAL, FLOORING, NEW BATH, FRESHLY PAINTED IN UNIT 8037. 2 UNITS ARE RENTED, LONG-TERM TENANTS, FAST FOOD PAYING $1960, BARBERSHOP PAYING $1600 PER MONTH. TENANTS ARE RESPONSIBLE FOR ALL UTILITIES AND THE INTERIOR. REPAIRS. 2 STOREFRONTS JUST RECENTLY RENTED, $3,000 FOR RENT, FOR 2535 SQFT FULLY EQUIPPED FOR SUPERMARKET/RESTAURANT, AND ALL PIECES OF EQUIPMENT ARE INCLUDED IN THE SALE IF REQUESTED. WALL-TO-WALL BUILT-IN COOLERS, WALK-IN COOLERS, INDUSTRIAL-SIZE FREEZER, GRILLS, COLD CUT COMPARTMENTS, ETC... 1000 SQFT RENTED FOR $1000 NEWER ROOF. TAXES ARE APPEALED, AND THEY WILL BE REDUCED TO $35,000. TOTAL MONTHLY RENTAL INCOME $7560. SOLID STRONG LEASES.
Location
State IL
County Cook
Area Hickory Hills
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 1
Structure Type Brick
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Listed by Rima Odeh • Better Homes & Gardens Real Estate