1104 W Glen Flora Ave - Storefront Retail/Office FOR SALE


Waukegan, IL 60085- Downtown Waukegan
$399,000 USD
773-617-7629
1104 W Glen Flora Ave, Waukegan, IL for Sale
$399,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 9.02% Cap Rate

1104 W Glen Flora Ave
Waukegan, IL 60085
Downtown Waukegan


HIGHLIGHTS

  • Easy accessibility and street presence support both owner-occupants and tenants seeking a neighborhood commercial location.
  • Versatile floor plans can accommodate a variety of retail, office, personal service, or business uses, increasing the property's marketability.?
  • Two-unit commercial configuration allows an owner-user to occupy one space while collecting rent from the other, or lease both units for investment.

OVERVIEW

Attention Investors , **Investment Opportunity: Two-Unit Commercial Building at 1104 Glen Flora Avenue, Waukegan, Illinois** Presenting an excellent opportunity for investors , fully occupied 2 unit investment property. This two-unit commercial building located at 1104 Glen Flora Avenue in Waukegan offers a prime location for growth and success. The property features versatile spaces that are currently occupied by a long-term hair salon and nail salon, the second unit is occupied by Herbalife a Vitamin distributor. Includes a Parking Lot in the back of the building. Situated in a vibrant community, the building benefits from high visibility and easy accessibility, attracting both foot traffic and customers. Each unit is designed to optimize space with ample natural light, suitable for retail, office, or service-oriented businesses. With potential for steady rental income, this property is an attractive option for investors looking to diversify their portfolio. Additionally, new users can take advantage of the area's expanding market, positioning themselves for long-term success. Don't miss this chance to capitalize on a prime commercial space in a growing area. Schedule a viewing today to explore the possibilities at 1104 Glen Flora Avenue. All reasonable offers will be considered!

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

9.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B2

APN/PARCEL ID

08-16-118-012

ASK ABOUT THIS PROPERTY

Kiki RessBHHSCHICAGOMore Info
773-617-7629

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Kiki RessBHHSCHICAGOMore Info
773-617-7629

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.