8031-8039 87th Street
Hickory Hills, IL, 60457 $ 799,900
Baths0.0 Sq 6,200 Monthly Estimate*
$ 5,316
Studio
for $799,900. This 6,200 square foot building was built in 1978.
FULLY OCCUPIED GREAT INVESTMENT IMMACULATE 4 STOREFRONTS ON A HEAVY TRAFFIC 87TH STREET, GREAT FRONTAGE. THIS WELL MAINTAINED SHOPPING STRIP CONSISTS OF 4 STOREFRONTS, 6200 SQUARE FEET BRICK BUILDING, 1/2 ACRE LOT, PLENTY OF PARKING SPACES, OVER 25 SPACES IN THE FRONT AND SOME IN THE BACK, NEWER HEATING & A/C IN THE THREE STOREFRONTS, AND NEW A/C, HEATING, PLUMBING, ELECTRICAL, FLOORING, NEW BATH, FRESHLY PAINTED IN UNIT 8037. 2 UNITS ARE RENTED, LONG-TERM TENANTS, FAST FOOD PAYING $1960, BARBERSHOP PAYING $1600 PER MONTH. TENANTS ARE RESPONSIBLE FOR ALL UTILITIES AND THE INTERIOR. REPAIRS. 2 STOREFRONTS JUST RECENTLY RENTED, $3,000 FOR RENT, FOR 2535 SQFT FULLY EQUIPPED FOR SUPERMARKET/RESTAURANT, AND ALL PIECES OF EQUIPMENT ARE INCLUDED IN THE SALE IF REQUESTED. WALL-TO-WALL BUILT-IN COOLERS, WALK-IN COOLERS, INDUSTRIAL-SIZE FREEZER, GRILLS, COLD CUT COMPARTMENTS, ETC... 1000 SQFT RENTED FOR $1000 NEWER ROOF. TAXES ARE APPEALED, AND THEY WILL BE REDUCED TO $35,000. TOTAL MONTHLY RENTAL INCOME $7560. SOLID STRONG LEASES.
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FeaturesGeneralCooling Central Air Central Individual
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1978
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Repairs Scavenger Sewer
Stories 1
Property SubType Shopping Center Strip Center
Tax Year 2020
Current Use Commercial
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions 87TH STREET WEST OF ROBERT ROAD
City Hickory Hills
NumberOfUnitsTotal 4
MLS Area Hickory Hills
Lot Size Square Feet 0
Street Name 87th
Tax Annual Amount 49683
Additional Parcels Y/N N
Leasable Area 3525
Days on Market 730
Standard Status Active
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ExteriorBuilding Area Total 6200
Lot Dimensions 100X150
Exterior Brick
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* Excluded FeaturesList ByBetter Homes & Gardens Real EstateBroker
rimahomesales@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,316
- Monthly Property Taxes
- $4,140
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Hickory Hills, IL
Average List Price $1,719,633
Percent of Sale Price 115%
About Hickory Hills, IL 13,777 Population
1% Since 2002
$ 61,885 Median Income
39.87 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/26/2022 | $749,900 | | Listed Price |