6955-6969 W 111th St - Storefront FOR SALE


Worth, IL 60482
$1,250,000 USD
708-267-9988
6955-6969 W 111th St, Worth, IL for Sale
$1,250,000 USD
Storefront - FOR SALE
1/2
null | 9.18% Cap Rate

6955-6969 W 111th St
Worth, IL 60482


HIGHLIGHTS

  • 7 units fully occupied
  • Low maintenance/management expenses
  • 27,500 vehicles per day (IDOT)
  • Long-term tenants
  • $114,806 NOI

OVERVIEW

Fully leased 7-unit strip mall available for sale on busy 111th St in Worth, IL. Occupied by long-term tenants operating generational businesses. Tenants are a healthy mix of local amenity-based services and landmark niche businesses. Close proximity to the I-294 interchange and Route 83. Tenants pay all utilities.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

9.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Worth Avenue Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

CROSS STREETS

Worth Ave

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

B1

APN/PARCEL ID

24-19-105-027-0000

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 Policy.