3300-3332 Chicago Rd - Storefront FOR SALE


South Chicago Heights, IL 60411
$6,350,000 USD
630-330-3352
3300-3332 Chicago Rd, South Chicago Heights, IL for Sale
$6,350,000 USD
Storefront - FOR SALE
1/17
null | Request Cap Rate

3300-3332 Chicago Rd
South Chicago Heights, IL 60411


HIGHLIGHTS

  • ±63,293 SF Community Retail Center on 4.55 AC
  • 100% Occupied with a Strong Mix of National and Local Tenants
  • Excellent Visibility and Prominent Monument Signage
  • Priced Below Replacement Cost
  • Low area Cook County Taxes
  • Easy Access to I-57 and I-394

OVERVIEW

SVN Chicago Commercial is pleased to present American Plaza, a ±63,148 SF multi-tenant neighborhood retail center located at 3300–32 Chicago Road in South Chicago Heights, Illinois. Fully renovated in 2019, the property features 13 tenant units and is currently 100% occupied, with value-add potential through stabilization of the final remaining space. Anchored by Save-A-Lot, O’Reilly Auto Parts, and Family Dollar, with Jewel-Osco as a shadow anchor, the center offers a strong mix of national and local retailers. Situated on 4.55 acres in Cook County, approximately 28 miles south of downtown Chicago, American Plaza benefits from high visibility along a dense retail corridor.

FOR SALE DETAILS

PRICE

$6,350,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

American Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

197

LAND DETAILS

CROSS STREETS

Steger Rd

LAND ACRES

4.55 AC

LAND SF

198,198 SF

ZONING

B-1, S. Chicago Hgts

APN/PARCEL ID

32-32-213-014-0000,32-32-213-015-0000,32-32-213-016-0000,32-32-213-021-0000,32-32-213-029-0000

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 Notice.