9432-9438 Waukegan Rd - Freestanding FOR SALE


Morton Grove, IL 60053- Near North Suburban Cook
$875,000 USD
847-800-5505
9432-9438 Waukegan Rd, Morton Grove, IL for Sale
$875,000 USD
Freestanding - FOR SALE
1/5
null | 7.89% 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 which is fully leased to 4 tenants. Flexibility here to allow an investor to continue to benefit from the property's cash flow or allow a potential user to occupy a space for their own use due to a short term lease and enjoy income from the remaining leased units.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

7.89%

% 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 Policy.