Hickory Hills IL Commercial for Sale
- Type:
- Mixed Use
- Sq.Ft.:
- 2,724
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1971
- Baths:
- MLS#:
- 12129801
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Courtesy: Spring Realty
815-741-7000
ADDITIONAL INFORMATION
Investment Potential In This Building On Busy Roberts Rd. 1 Office On Lower Level, and 2 Apartments Upstairs. All Units Currently Rented On Month To Month Basis. Off Street Parking On Side Of Building. Property Is Being Sold As-Is.
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- 12116855
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Courtesy: Spring Realty
815-741-7000
ADDITIONAL INFORMATION
Great Investment Opportunity. Solid Brick Building Consists of Four Total Units-Two Storefronts/Offices As Well As Two Apartments Upstairs. Fully Rented. Current Tenants To Stay Until End Of Current Leases, Maybe Longer. Ample Parking On Both Sides Of Building. Great Visibility On Corner Lot. Roof 3 Years, Furnace 2 Years, A/C Unit-2016, New Flooring In One Of The Offices. Appliances Stay In Apartments As Well As Air Conditioners. Building Has Been Well Maintained. Recent Renovation On Balcony/Staircases Includes New Wood Fabrication As Well As New Concrete and New Railings in 2024. Great Property! Schedule Your Appointment To See It Today.
$3,800,000
8821 W 87th Street Hickory Hills, IL 60457
- Type:
- Other
- Sq.Ft.:
- 39,590
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1988
- Baths:
- MLS#:
- 11659191
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Courtesy: Brookline Real Estate LLC
630-590-5910
ADDITIONAL INFORMATION
We are proud to present the opportunity to acquire a value-add investment property including a 40,850 square foot multi-tenant retail center and three undeveloped outlots positioned in a strong, transit-oriented location in the Chicago suburb of Hickory Hills. This property offers tremendous upside and future NOI growth through the potential for development of the outlots. Furthermore, new ownership can add value by repositioning the below-market gross leases into NNN market rents. 87th Plaza contains 40,850 square feet and is situated on approximately 6.26 acres. At the southwest corner of 87th Street and 88th Avenue just south of I-294, the center benefits greatly from its position next to CVS and Shell Gas Station across from Hickory Hills Police Department. Anchored by recently-renewed variety store chain, Dollar General, the center is fully occupied by many internet-resistant tenants on long-term leases. Differentiated businesses and contrasting rush hours allow for an ideal synergy and mutual benefit across the property. The brick construction building has been beautifully maintained and offers its visitors 242 parking spots in a landscaped and well-kept lot. Three entrances on two separate roads aid traffic flow and allow tenants to operate smoothly. Cross access with CVS and Shell allows for entry for those customers as well. This asset has tremendous upside potential through future development and repositioning of the property.
- Type:
- Other
- Sq.Ft.:
- 6,200
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1978
- Baths:
- MLS#:
- 11385038
View additional info
Courtesy: Better Homes & Gardens Real Estate
708-859-0909
ADDITIONAL INFORMATION
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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Hickory Hills Real Estate
The median home value in Hickory Hills, IL is $220,500. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Hickory Hills, IL is $220,500. Approximately 64.27% of Hickory Hills homes are owned, compared to 24.74% rented, while 10.99% are vacant. Hickory Hills 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 Hickory Hills real estate agent to arrange a tour today!
Hickory Hills, Illinois 60457 has a population of 13,852. Hickory Hills 60457 is less family-centric than the surrounding county with 29.07% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Hickory Hills, Illinois 60457 is $63,865. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Hickory Hills 60457 is 38.4 years.
Hickory Hills Weather
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 39.2 inches per year, with 29.4 inches of snow per year.