Stickney IL Commercial for Sale
$1,400,000
4425 Harlem Avenue Stickney, IL 60402
- Type:
- Mixed Use
- Sq.Ft.:
- 6,970
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 12115712
View additional info
Courtesy: Avenue 1 Realty Group
773-622-4663
ADDITIONAL INFORMATION
4425 South Harlem Avenue, a 10-unit mixed-use building located in Stickney, Illinois. The flexicore-constructed property consists of (6) 1-bed/1-bath units and (4) office suites. The offices are occupied by local service-oriented businesses. The apartment units feature individual HVAC systems, water heaters, and rooftop A/C units. One unit has been gut renovated with an in-unit washer and dryer, dishwasher, vinyl plank flooring, granite countertops, white shaker cabinets, stainless steel appliances and a new bathroom. The remaining units contain carpet and tile flooring, laminate countertops, and white kitchen cabinets. Residential tenants are responsible for their own heat and electricity. Recent capital improvements include a new tear-off roof, gutters, soffits, facia, rooftop A/C units, exterior staircases, and fire sprinkler system. Building amenities include a heated two-car garage, management office, master key entry, common area bathrooms, a pylon sign and 14 parking spaces. New ownership can increase cashflow by bringing rents to market, implementing a utility bill billing system (RUBS) for the office tenants and appealing the 2023 zoning back to a mixed-use classification (2022 zoning: 3-18 Mixed-use, 2023 zoning: 5-17 One story commercial).
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Stickney Real Estate
The median home value in Stickney, IL is $277,500. 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 Stickney, IL is $277,500. Approximately 76.27% of Stickney homes are owned, compared to 16.67% rented, while 7.06% are vacant. Stickney 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 Stickney real estate agent to arrange a tour today!
Stickney, Illinois has a population of 7,074. Stickney is more family-centric than the surrounding county with 33.41% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Stickney, Illinois is $61,507. 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 Stickney is 40.3 years.
Stickney Weather
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 38.6 inches per year, with 34.4 inches of snow per year.