171 E 154th St - Storefront Retail/Residential FOR SALE


Harvey, IL 60426
$395,000 USD
630-330-3352
171 E 154th St, Harvey, IL for Sale
$395,000 USD
Storefront Retail/Residential - FOR SALE
1/15
null | Request Cap Rate

171 E 154th St
Harvey, IL 60426


HIGHLIGHTS

  • Three Story, 11-Unit Mixed Use Property
  • 3 Retail Units | 6 Occupied Residential Units
  • Value-add to complete the remaining 3rd floor
  • Basement Storage | Building Signage
  • Walking distance to CTA Train Station

OVERVIEW

SVN is pleased to present Beacon on 154 at 169-171 E. 154th Street and 15341 Center Avenue, an 11-unit, Mixed-Use Retail and Multi-Family property of approximately ±12,000 SF available in the heart of downtown Harvey, Illinois. Three (3) retail units are 100% occupied by Instant Tax Service, TruStar Beauty Bar & Suites, and EBJ Foundation resale store. Six (6) occupied Multi-Family units and value-add with completion of the remaining 2 units, third-floor units ±1,525 SF on the third floor, below market rents and transfer of unit utilities (individually metered) to existing tenants. Additional storage available in the basement. Recent renovations include windows, plumbing, an exit stairway, a common area and roof improvements. The Pace bus stop is in front of the building and it is only a few blocks' walking distance to the Metra station. A new development corridor with a 52-unit apartment development called "Harvey Lofts" and the Harvey Police Department Sub Station steps away.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

29-17-211-015-0000

ASK ABOUT THIS PROPERTY

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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