$1,150,000 $inf/sf $23K Cash Back*
5225 W 111th Street, Alsip, IL 60803
Commercial for sale beds0 baths0 Sqft
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$23K Cash Back*
$1,150,000 $23K Cash Back*
7,000sf building on a 56,250sf site (225' x 250') The rectangular one story building is at the rear of the lot and has four (4) units of which two (2) are leased to automotive repair businesses on a mo/mo basis. Historically the building has only been used for automotive repair related businesses. Unit 5229 is approximately 1,400sf and is leased on a mo/mo basis. The gross rent is $2,800 , Unit 5231 is approximately 1,400sf and is leased on a mo/mo basis. The gross rent is $2,800/mo. Unit 5227 is approximately 2,390sf. and has a 1 yr lease at $3,000/mo Unit 5233 (vacant) is approximately 1,810sf. The outlot fronting 111th St is approximately (140'x 225') There is 225ft frontage on 111th St. Great redevelopment opportunity for this highly visible location. The area is densely populated. Site is just west of Oaklawn's Stony Creek Promenade, an upscale retail development along the 111th St corridor that features anew Mariano's , Coopers Hawk, TJ Maxx, Chipolte, Starbucks and many other national brands along with a new Paisans Pizzeria currently under construction on fronting 111th St.
MLS #: 11898114
•Type: Commercial
•APN: 24211000050000
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