931-935 E Oakton St - Retail FOR SALE


Des Plaines, IL 60018- Des Plaines/Arlington Hts Corridor
$950,000 USD
847-800-5505
931-935 E Oakton St, Des Plaines, IL for Sale
$950,000 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

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931-935 E Oakton St
Des Plaines, IL 60018
Des Plaines/Arlington Hts Corridor


OVERVIEW

Exceptional value-added retail opportunity or user/investor opportunity. This 4,950 sq. ft. free standing building currently features 4 retail spaces at a traffic light intersection. The site offers tremendous visibility and exposure and has access on both Oakton Street and Webster Lane. The four units are in the 1,225 to 1,240 square foot range and are fully leased. Two units have short-term leases, and two units (including the end cap) are leased on a month-to-month basis. The current situation allows an investor to reposition the center and increase cash flow or allow a user to occupy 1,225 to 2,450 square feet for their own use and enjoy income from the remaining leased units. The property is located within the busy Oakton & Lee/Mannheim retail district in Des Plaines with numerous national retailers and restaurant franchises in immediate proximity.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,855 SF

ZONING

C-3

APN/PARCEL ID

09-29-100-081-0000

ASK ABOUT THIS PROPERTY

Steffan AliferakisStefco Commercial Real EstateMore Info
847-800-5505

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Steffan AliferakisStefco Commercial Real EstateMore Info
847-800-5505

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