REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$1,449,000

Est. payment - /mo

22,000 SqFt

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 22,000 sqft

Price per Sqft $65

MLS Listing ID 12648338

Year Built 1980

Annual Tax Amount $70,764

Tax Year 2024

Lot Size 1.070 Acres

Lot Dimensions 300x200x155

Property Sub-Type Industrial

Property Description

IMMEDIATE CASH FLOW ON DAY 1 FROM THIS INCOME-PRODUCING, EASY MONEY ARM-CHAIR INVESTMENT BUILDING! FULLY LEASED, 3-UNIT COMMERCIAL RETAIL STRIP CENTER IN THE HIGH-TRAFFIC, VIBRANT CHICAGO NEIGHBORHOOD OF MERRIONETTE PARK! THE PROPERTY DELIVERS STEADY CASH FLOW FROM ESTABLISHED, LONG-TERM TENANTS AND BENEFITS FROM EXCELLENT VISIBILITY AND STRONG COMMERCIAL DEMAND. ON-SITE PARKING. ALL UNITS HAVE RECENTLY BEEN UPGRADED. THE INSURANCE OFFICE HAS ITS OWN A/C SYSTEM. ALL ARE SUCCESSFUL, STABLE OPERATORS. KEY RECENT CAPITAL IMPROVEMENTS INCLUDE A ROOF REPLACED TWO YEARS AGO AND THREE OF THE FOUR SLEEVE A/C UNITS WERE INSTALLED IN 2024/2025. MONTHLY ASSOCIATION ASSESSMENT IS $815 AND COVERS EXTERIOR MAINTENANCE (ROOF, GUTTERS, BRICK, LANDSCAPING, AND SNOW REMOVAL), COMMON AREA INTERIOR PLUMBING, AND BOILER, AND THE HOT WATER HEATER. ALL HOT WATER TANKS WERE REPLACED APPROXIMATELY THREE YEARS AGO. THE MEDICAL SUITE INCLUDES THE 11101 S. ST. LOUIS ADDRESS AND FACES WEST. EACH UNIT FEATURES A DOUBLE ENTRANCE AND IS DIVISIBLE, OFFERING FLEXIBILITY FOR FUTURE RECONFIGURATION. CALL TODAY FOR FINANCIALS AND TO SCHEDULE A TOUR OF THIS INCOME PRODUCER IN ONE OF CHICAGO'S MOST ACTIVE NEIGHBORHOOD COMMERCIAL CORRIDORS.

Location

State IL

County Cook

Area Blue Island

Zoning COMMR

Interior

Cooling Central Air, Office Only

Flooring Carpet, Concrete, Tile, Varies, Vinyl

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available

Roof Type Membrane

Building

Dwelling Type Industrial

Structure Type Brick,Concrete,Block,Steel Siding

Read Less Info

Listed by Charles Groebe of Coldwell Banker Realty

Nearby School & Business

Get More Information

Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

3210-44 W Wireton RD Blue Island, IL 60406

Garrett Johnson

Key Details

Location

Interior

Exterior

Building

Nearby School & Business

Get More Information

Quick Search