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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34118767
34118768

9901-9909 S Harlem, Chicago Ridge, IL 60415 For Sale

RE/MAX 1st Service
HomeSmart Realty Group
Listed by RE/MAX 1st Service, HomeSmart Realty Group
$2,600,000
18 days on market
Updated 12 days ago

9901-9909 S Harlem

Details
APN 24073080010000
Property Type Retail
Sub Type Storefront, Retail/Stores
Units 4
NOI $192,000
Year Built 1975
Lot Size (SqFt) 7,956
Zoning RTAIL

Retail

Marketing description

Prime Retail Investment Opportunity - Fully Leased Income-Producing Asset. Offered at $2,600,000, this exceptional retail center presents a rare opportunity to acquire a stabilized, income-producing property in a highly desirable area! The property is strategically located on a busy, high-traffic street with excellent visibility, strong demographics, and convenient access, making it an attractive destination for both tenants and customers. The center is currently occupied by two established tenants, providing immediate and reliable rental income for investors. Situated in a thriving area surrounded by residential neighborhoods, retail, dining, and other commercial developments, the property benefits from consistent traffic and strong consumer activity. Key highlights include: * Fully leased with two rent-paying tenants * Strong cash flow and investment stability * High-visibility location on a major thoroughfare * Excellent traffic counts and exposure * Desirable trade area with strong surrounding demographics * Ample parking and easy customer access * Long-term upside in a growing market Whether you are seeking a passive income investment, a 1031 exchange opportunity, or a valuable addition to your commercial real estate portfolio, this well-positioned retail center offers both immediate returns and long-term potential.
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Listing Contacts

RE/MAX 1st Service
HomeSmart Realty Group
Listed by RE/MAX 1st Service, HomeSmart Realty Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$192,000.00
$16,000.00/mo

Valuation Metrics

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DSCR
7.38%
Cap Rate
7.38%
ROI

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