Richton Park IL Commercial for Sale
- Type:
- Other
- Sq.Ft.:
- 8,456
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1990
- Baths:
- MLS#:
- 12189400
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Courtesy: xr realty
773-234-8155
ADDITIONAL INFORMATION
Clean 8,400 sq/ft, 4 unit commercial storefront on busy Sauk Trail with over 27,000 vehicles passing by per day. The building 5 out of 6 are leased with strong long term tenants like Statefarm and Xtra Cute Salon. The building could be reconverted back to 6 units in the future and after the recent tax reduction the building will have cash flow. The building sits on nearly .7 acres and has over 40 parking spaces in the front and rear of the building. Zoning is special because it allows most business/office/restaurant use plus the option for Cannabis retail and growth with a special use permit. Zoning allows for mixed use so you could add an apartment to either building to qualify for residential taxation. Taxes were appealed successfully and new taxes for 2025 will be less and the cap rate will be over 7 in 2025.
- Type:
- Church/School
- Sq.Ft.:
- 9,385
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.5 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- 12125306
View additional info
Courtesy: Coldwell Banker Realty
773-451-1200
ADDITIONAL INFORMATION
This stunning place of worship presents an extraordinary opportunity for a religious organization or community center. The property has been meticulously maintained, comprises a single-story, all-brick church accompanied by 2 car garage. The focal point of the church is its inviting sanctuary, capable of comfortably seating 195 individuals. Enhanced by ample natural light, it creates a serene atmosphere for worship. Additionally, a cry room located at the rear ensures convenience for families with young children. Adjacent to the sanctuary, a corridor leads to office suites, providing space for administrative tasks and meetings. For fellowship gatherings and events, a spacious fellowship hall awaits, offering versatility with approximately 20+ tables and over 150 chairs. This hall can be easily partitioned to accommodate various activities. A fully equipped kitchen facilitates catering, boasting modern appliances including a stove, griddle, and refrigerator with a cooler. All essential kitchenware is included, streamlining event preparation. Central HVAC systems ensure comfortable temperatures throughout the property. Ample parking for 20+ vehicles is available on-site, with additional overflow parking options nearby. A notable feature of this property is its expansive 3.5 acres of land, providing ample space for future expansion or development. Conveniently, an Detached two-car garage adds further functionality to the property. This property offers boundless possibilities. Sold as-is and tax-exempt, it represents an exceptional opportunity for discerning buyers seeking a versatile and welcoming space for their organization or community
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Richton Park Real Estate
The median home value in Richton Park, IL is $220,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Richton Park, IL is $220,000. Approximately 50.22% of Richton Park homes are owned, compared to 42.62% rented, while 7.16% are vacant. Richton Park 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 Richton Park real estate agent to arrange a tour today!
Richton Park, Illinois has a population of 12,867. Richton Park is less family-centric than the surrounding county with 16.23% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Richton Park, Illinois is $65,132. 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 Richton Park is 41.9 years.
Richton Park Weather
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 15.3 degrees. The average rainfall is approximately 40.7 inches per year, with 28 inches of snow per year.