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5225 W 111th Street

Alsip, IL 60803
  • $1,250,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 11735960
$1,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

7,000sf building on a 56,250sf site (225' x 250') The rectangular one story building is at the rear of the lot and has four (4) units of which two (2) are leased to automotive repair businesses on a mo/mo basis. Historically the building has only been used for automotive repair related businesses. Unit 5229 is approximately 1,400sf and is leased on a mo/mo basis. The gross rent is $2,800 , Unit 5231 is approximately 1,400sf and is leased on a mo/mo basis. The gross rent is $2,800/mo. Unit 5233 (vacant) is approximately 2,390sf. Unit 5227 (vacant) is approximately 1,810sf. The outlot fronting 111th St is approximately (140'x 225') There is 225ft frontage on 111th St. Great redevelopment opportunity for this highly visible location. The area is densely populated. Site is just west of Oaklawn's Stony Creek Promenade, an upscale retail development along the 111th St corridor that features anew Mariano's , Coopers Hawk, TJ Maxx, Chipolte, Starbucks and many other national brands along with a new Paisans Pizzeria currently under construction on fronting 111th St.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2023-05-27T23:58:01.543 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5225 W 111th Street Alsip, IL 60803

  • Price: $1,250,000
  • Status: Active
  • On Site: 76 Days
  • MLS #: 11735960
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Alsip / Garden Homes
County:
Cook
Area:
Alsip / Garden Homes
Property Description
7,000sf building on a 56,250sf site (225' x 250') The rectangular one story building is at the rear of the lot and has four (4) units of which two (2) are leased to automotive repair businesses on a mo/mo basis. Historically the building has only been used for automotive repair related businesses. Unit 5229 is approximately 1,400sf and is leased on a mo/mo basis. The gross rent is $2,800 , Unit 5231 is approximately 1,400sf and is leased on a mo/mo basis. The gross rent is $2,800/mo. Unit 5233 (vacant) is approximately 2,390sf. Unit 5227 (vacant) is approximately 1,810sf. The outlot fronting 111th St is approximately (140'x 225') There is 225ft frontage on 111th St. Great redevelopment opportunity for this highly visible location. The area is densely populated. Site is just west of Oaklawn's Stony Creek Promenade, an upscale retail development along the 111th St corridor that features anew Mariano's , Coopers Hawk, TJ Maxx, Chipolte, Starbucks and many other national brands along with a new Paisans Pizzeria currently under construction on fronting 111th St.
Exterior Features

Lot Size 1.0-1.99 Acres Outdoor Parking 51-100 Spaces Parking Total 75 Roof Membrane

Interior Features

Cooling None Heat Ventilation Ceiling UnitsForced Air

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2022 Annual Rent For Real Estate 0 Building Area Total 7000 Business Age Unknown Business Type Auto Service Corporate Limits Alsip Gross Profit Year 2022 Gross Sales Annual 0 Gross Sales Annual Year 2022 Location Central Business District Mls Actual Status Active Operating Expense 0 Possible Use RetailSpecial Use Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuilding Tax Annual Amount 79499 Tax Year 2021 Tenant Pays Common Area MaintenanceElectricityHeatInsurance Type Bus / Bus W/Real Est Type Of Lease Gross Lease Utilities Electric To SiteGas To Site Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Network Property Managment Llc: 708-873-5540.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2023-05-27T23:58:01.543 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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eXp Realty
1363 Shermer, #200
Northbrook IL, 60062