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2411 W 119th Street

Blue Island, IL 60406
  • $670,000
  • STATUS: Active Under Contract
  • ON SITE: 152 Days
  • MLS #: 11191125
Under Contract
UPDATED: 19 min ago
$670,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1971
County:
Area:

School Ratings & Info

Description

This is a net leased, 2 tenant, property with Domino's and Sharks Fish & Shrimp as the long term tenants. National tenants at the corner are Walgreens and McDonalds. Excellent drive-by traffic! Easy access to parking off 119th street with 2 driveways for accesses in addition to alley access. Current multi year leases make this building a stable cash flow investment. Four (4) pin numbers: 24252040510000. 24252040010000, 2425204002000, 2425204003000. Buy this and obtain an 8.9%+ cap rate. Dumpster enclosure, with concrete pad, on east side of building completed Nov 2020.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-17T16:59:30.78 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2411 W 119th Street Blue Island, IL 60406

  • Price: $670,000
  • Status: Active Under Contract
  • On Site: 152 Days
  • Updated: 19 min ago
  • MLS #: 11191125
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
Blue Island
County:
Cook
Area:
Blue Island
Property Description
This is a net leased, 2 tenant, property with Domino's and Sharks Fish & Shrimp as the long term tenants. National tenants at the corner are Walgreens and McDonalds. Excellent drive-by traffic! Easy access to parking off 119th street with 2 driveways for accesses in addition to alley access. Current multi year leases make this building a stable cash flow investment. Four (4) pin numbers: 24252040510000. 24252040010000, 2425204002000, 2425204003000. Buy this and obtain an 8.9%+ cap rate. Dumpster enclosure, with concrete pad, on east side of building completed Nov 2020.
Exterior Features

Exterior Building Type Brick Roof Structure Flat

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 3000 Contingency Attorney/Inspection Continue To Show Yes Electric Circuit Breakers Fire Protection Alarm On Site Gross Income 108360 Gross Scheduled Income 108360 Insurance Expense 2778 Leasable Area 2400 Location Mixed Use AreaFree Standing/Urban Net Operating Income 59953 Operating Expense 19307 Property Offered For Sale Only Property Sub Type Strip Center Tax Annual Amount 43193 Tax Year 2020 Tenant Pays ElectricityHeatJanitorial ServiceTaxesScavengerSewer Total Monthly Income 8507 Township Worth Type Retail/Stores

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-17T16:59:30.78 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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