901 E 162nd St - Freestanding FOR SALE


South Holland, IL 60473
$775,000 USD
224-523-9174
901 E 162nd St, South Holland, IL for Sale
$775,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

901 E 162nd St
South Holland, IL 60473


HIGHLIGHTS

  • New construction - 4,224 SF shell building
  • Prime exposure - 162nd Street (Route 6) frontage - 33,700 cars per day
  • Strong retail synergy adjacent to Anytime Fitness
  • Divisible from 1-3 tenant suites
  • Avg household income over $80,000 within one mile of site
  • Ideal owner/user property

OVERVIEW

LM Commercial Real Estate, on behalf of ownership, is pleased to offer the 4,224-square-foot retail shell building at 901 E. 162nd Street, South Holland, IL for sale. The building shell was constructed in 2019 and is adjacent to Anytime Fitness, offering superior visibility at the intersection of 162nd St. (Route 6) and Drexel Avenue. Traffic counts traveling east/west on 162nd average 33,700 vehicles per day. Suitable for an owner-user or an investor, the building can be used as either one 4,224 square foot space, two spaces of 1,308 and 2,628 square feet, or three spaces of 1,308 square feet each. The General Business zoning allows for retail, restaurant, service, office, and storage uses. Ample parking area is available in front of the property and additional parking could be added to the rear. This offering provides a unique opportunity to acquire a newly constructed commercial property along South Holland’s major retail corridor.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

General Business

APN/PARCEL ID

29-23-103-033-0000

ASK ABOUT THIS PROPERTY

Martha WinterLM Commercial Real EstateMore Info
224-523-9174

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Martha WinterLM Commercial Real EstateMore Info
224-523-9174

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