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3911 Sauk Trail,  Richton Park IL, 60471

(Active)
$385,000
|
8,456 sqft
|
MLS# 11934316
Last Updated: 5/19/2024 1:04 PM
Description for 3911 Sauk Trail Richton Park, IL 60471
Clean 8,500 sq/ft, 4 unit commercial storefront on busy Sauk Trail with over 27,000 vehicles passing by per day. The building is 85% leased with strong long term tenants like Statefarm and Xtra Cute Salon. The building could be reconverted back to 6 units in the future and after the recent tax reduction the building will have cash flow once 100% leased. The building sits on nearly .7 acres and has over 40 parking spaces in the front and rear of the building. Zoning is special because it allows most business/office/restaurant use plus the option for Cannabis retail and growth with a special use permit. The building next door is also for sale 3913 and could be combined for a package deal. Zoning allows for mixed use so you could add an apartment to either building to qualify for residential taxation.
Price
$385,000
Cook
8,456 (approx)
11934316
Active
Description
Clean 8,500 sq/ft, 4 unit commercial storefront on busy Sauk Trail with over 27,000 vehicles passing by per day. The building is 85% leased with strong long term tenants like Statefarm and Xtra Cute Salon. The building could be reconverted back to 6 units in the future and after the recent tax reduction the building will have cash flow once 100% leased. The building sits on nearly .7 acres and has over 40 parking spaces in the front and rear of the building. Zoning is special because it allows most business/office/restaurant use plus the option for Cannabis retail and growth with a special use permit. The building next door is also for sale 3913 and could be combined for a package deal. Zoning allows for mixed use so you could add an apartment to either building to qualify for residential taxation.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
0.67 Acres 8,456 (approx) 1990
1 Block,Brick
Concrete Perimeter
6 Total
Commercial
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Brick, Block
187' X 182' X 114' X 192'
COMMR
Driving Directions
TAKE SAUK TRAIL TO RICHTON ROAD AND TURN SOUTH INTO PARKING LOT
Financial Considerations
31351000070000
$123,594
Listing Price History

Richton Park Real Estate

Richton Park is located in Illinois. Richton Park, Illinois 60471 has a population of 13,186.

The median household income in Richton Park, Illinois 60471 is $62,376. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Richton Park 60471 is 38 years.

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Courtesy: xr realty
Listings courtesy of MRED as distributed by MLS GRID

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