Hank Robertson
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
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.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1975
General Information
County: Cook
Listed By:
RE/MAX 1st Service
708-675-1600
MRED MLS
MLS ID: 12693415
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9901-9909 S Harlem, Chicago Ridge, IL 60415.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,600,000 | $2,600,000 | $2,600,000 |
| Down Payment | $91,000 | $0 | $520,000 |
| Monthly Mortgage Amount | $15,512 | $16,353 | $12,976 |
| Taxes | $3618 | $3618 | $3618 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,560 | $0 | $0 |
| Monthly Estimated Total | $21,448 | $20,729 | $17,352 |
Hank Robertson
REALTOR®
Cell: (563) 381-7277
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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