Hickory Hills IL Real Estate & Commercial for Sale

Presenting the opportunity to acquire a commercial property including a 8,304 square-foot multi-tenant retail center positioned in a strong, transit-oriented location in the Chicago suburb of Hickory Hills. This property offers a number of possibilities for uses and increasing value. There is tremendous upside and future NOI growth through the potential for new tenants at market rents. New ownership also could use the opportunity of existing vacancy and short-term leases to occupy the full space, or redevelop the entire parcel.

Investment Potential In This Building On Busy Roberts Rd. 2 Offices On Lower Level With Common, Shared Reception Area, and 2 Apartments Upstairs. All Units Currently Rented On Month To Month Basis. Off Street Parking On Side Of Building. Current Commercial Offices Are Currently Rented By The Same Company. Property Is Being Sold As-Is.

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.