Two mixed-use properties for sale in t he heart of Flossmoor's central business district. The large corner clock tower building (1030-1032 Sterling) has 5 retail tenants and 4 very desireable apartments - all fully rented and pay their own electric and gas. Heat is suppied by the owner. There are 3 separate basements in the corner building - 1 houses the electric meters and boiler for all 4 apartments and 3 of the retail units. 2 retail tenants have central heat and AC. The 2nd basement has 2 coin operated washers and 2 dryers with additional room for storage. 3rd basement is currently rented out to the restaurant across the street for storage. The 2nd mixed use building (1036 Sterling) offers (1} 1700 SF retail unit and 1 large 2-bedroom apartment, with in-unit laundry and 2 car detached garage (currently rented on a MTM basis), and is currently available for an owner/user to occupy. 1036 Retail unit has central heat and AC and the apartment has hot water radiators and window AC units. Both units pay all utilities, including water. These buildings offer a prime location across from the commuters metra station, an award winning micro brewery, restaurants & boutique shops. This is a very special property for your most very special investors!
Prime Mixed-Use Property Ideal for Owner-User. Presenting an exceptional opportuity to purchase this rarely available mixed use building located in the heart of Flossmoor's downtown Central Business District. This unique property is perfectly suited for an Owner/User to operate their personal business in the 1700 sq. ft. commercial retail unit and live (or rent out) the the large 2 bedroom apartment upstairs for a seamless blend of comfort and convenience! Enjoy the cozy charm of this bright and spacious 2 bedroom apartment with hardwood floors, sun-filled living room, formal dining room and 2 bedrooms along with an extra room. Enjoy the convenience of a private deck, in-unit laundry and 2-car garage which makes this an exceptional find. Retail unit offers a large open space that can be remodeled as needed. Unit offers cental heat and A/C and below the retail unit is a large unfinished basement with lots of storage. There is also a staircase within the retail unit that may be opened up to access the apartment upstairs. This is a rare find located within feet of the Flossmoor train station, post office, library, boutique shops, deli and restaurants and wine bar! Everything right at your door step.
The median home value in Flossmoor, IL is $355,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Flossmoor, IL is $355,000. Approximately 89.42% of Flossmoor homes are owned, compared to 8.3% rented, while 2.28% are vacant. Flossmoor real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Flossmoor real estate agent to arrange a tour today!
Flossmoor, Illinois has a population of 9,868. Flossmoor is more family-centric than the surrounding county with 37.62% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Flossmoor, Illinois is $126,085. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Flossmoor is 43 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 39.1 inches per year, with 28.1 inches of snow per year.