1908 Saint Charles Rd - Storefront Retail/Residential FOR SALE


Maywood, IL 60153
$59,000 USD
847-849-1912
1908 Saint Charles Rd, Maywood, IL for Sale
$59,000 USD
Storefront Retail/Residential - FOR SALE
1/8
null | Request Cap Rate

1908 Saint Charles Rd
Maywood, IL 60153


OVERVIEW

This property is being offered for sale by the Cook County Land Bank Authority https://www.cookcountylandbank.org/. This is not a traditional sale. Differences: You must apply on the CCLBA Website prior to touring property. You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens. Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation. You will need a contractor’s estimate to bring property to occupancy permit. You will need a letter or email of support from the Village or City. You will need to show the CCBA funds to acquire and rehab the property. The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss. Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing. Buyers pay their own brokers directly. Similarities: I am here to help you navigate through the process.

FOR SALE DETAILS

PRICE

$59,000 USD

PRICE/SF

$8 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,000 SF

ZONING

Commercial/industrial

APN/PARCEL ID

15-10-126-006-0000

ASK ABOUT THIS PROPERTY

Steven KohnAvison YoungMore Info
847-849-1912

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Steven KohnAvison YoungMore Info
847-849-1912

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