9432-9438 Waukegan Rd - Freestanding FOR SALE


Morton Grove, IL 60053- Near North Suburban Cook
$799,000 USD
847-800-5505
9432-9438 Waukegan Rd, Morton Grove, IL for Sale
$799,000 USD
Freestanding - FOR SALE
1/5
null | 7.63% Cap Rate

9432-9438 Waukegan Rd
Morton Grove, IL 60053
Near North Suburban Cook


HIGHLIGHTS

  • Heavily travelled commercial street
  • Tremendous street exposure
  • Numerous national and regional retailers and food franchises in area

OVERVIEW

A fantastic opportunity is now available for an investor or a user/investor seeking to occupy a space within a stabilized retail center. Strategically located along heavily travelled Waukegan Road in north suburban Morton Grove, this attractive property features a freestanding building which provides excellent visibility and accessibility. This 4,800 square foot building currently features 6 retail spaces, with one 800 square foot space that will be available on January 1st. Flexibility here to allow an investor to continue to benefit from the property's cash flow or allow a potential user/investor to occupy a space for their own use and enjoy income from the remaining leased units.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

7.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

C-1 General Commercial

APN/PARCEL ID

10-18-100-027-0000

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 Notice.