248 155th Pl - Specialty FOR SALE


Calumet City, IL 60409
$600,000 USD
708-267-9988
248 155th Pl, Calumet City, IL for Sale
$600,000 USD
Specialty - FOR SALE
1/7
null | Request Cap Rate

248 155th Pl
Calumet City, IL 60409


OVERVIEW

SVN Chicago proudly presents this excellent owner-user opportunity with added value in the form of apartments. This historic building has been a staple of the neighborhood for generations. Currently operating as the Castle Hill Funeral Home, this building is the perfect spot for your new business or expansion. The building has been well-maintained over the years, and it is ready for its new operator! Attached to the funeral home is a 6-unit apartment building. All rents are far below market, and the units can use some work. Currently, the landlord collects $2700/month for 5 units, one of them is vacant. Market rents for the area are far above what is being collected. This opportunity is perfect for a funeral home operator who sees added benefit in rental units for extra cash flow. Deals like this don't last long, inquire today! Located on the corner of 155th Pl & Lincoln Ave

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Castle Hill Funeral Home + Apartments

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Cemetery/Mausoleum, Religious Facility, Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R1

APN/PARCEL ID

30-17-111-022-0000

ASK ABOUT THIS PROPERTY

Derek GonschSVN | Chicago CommercialMore Info
708-267-9988

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Derek GonschSVN | Chicago CommercialMore Info
708-267-9988

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