14314 Beacon Ave - Storefront Retail/Residential FOR SALE


Orland Park, IL 60462
$749,900 USD
708-478-1212
14314 Beacon Ave, Orland Park, IL for Sale
$749,900 USD
Storefront Retail/Residential - FOR SALE
1/10
null | 7.2% Cap Rate

14314 Beacon Ave
Orland Park, IL 60462


HIGHLIGHTS

  • Heavy Auto Traffic
  • Turn Key Investment
  • Building Updated in 2019

OVERVIEW

Turn-Key investment property is Old Orland Historic District! Located on the corner of 143rd Street & Beacon Ave is this 3 unit building! 2 Apartments and first floor retail space. All 3 units rent quickly & easily and all have current leases in place. This building was bought in 2019 and since has been completely transformed. This building has a perfect mix of being updated while still maintaining the charm of an older building. The 2 bedroom apartment rents for $1900. The 1 bedroom apartment rents for $1500. The first floor retail space rents for approximately $3000. There is a 2 car detached garage that is currently used for storage. There is also a beautiful patio that is used by the business for hosting events. Great visibility, traffic, and curb appeal! Plenty of parking for this building.

FOR SALE DETAILS

PRICE

$749,900 USD

PRICE/SF

$234 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1873

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

27-09-207-009-0000,27-09-207-010-0000

ASK ABOUT THIS PROPERTY

Michael GlennVillage CommercialMore Info
708-478-1212

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Michael GlennVillage CommercialMore Info
708-478-1212

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