REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,449,000
Est. payment | /mo
22,000 SqFt
$ 1,449,000
Est. payment | /mo
22,000 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 22,000 sqft
Price per Sqft $65
MLS Listing ID 12648338
Year Built 1980
Annual Tax Amount $70,764
Tax Year 2024
Lot Size 1.070 Acres
Lot Dimensions 300x200x155
Property Sub-Type Industrial
Property Description
IMMEDIATE CASH FLOW ON DAY 1 FROM THIS INCOME-PRODUCING, EASY MONEY ARM-CHAIR INVESTMENT BUILDING! FULLY LEASED, 3-UNIT COMMERCIAL RETAIL STRIP CENTER IN THE HIGH-TRAFFIC, VIBRANT CHICAGO NEIGHBORHOOD OF MERRIONETTE PARK! THE PROPERTY DELIVERS STEADY CASH FLOW FROM ESTABLISHED, LONG-TERM TENANTS AND BENEFITS FROM EXCELLENT VISIBILITY AND STRONG COMMERCIAL DEMAND. ON-SITE PARKING. ALL UNITS HAVE RECENTLY BEEN UPGRADED. THE INSURANCE OFFICE HAS ITS OWN A/C SYSTEM. ALL ARE SUCCESSFUL, STABLE OPERATORS. KEY RECENT CAPITAL IMPROVEMENTS INCLUDE A ROOF REPLACED TWO YEARS AGO AND THREE OF THE FOUR SLEEVE A/C UNITS WERE INSTALLED IN 2024/2025. MONTHLY ASSOCIATION ASSESSMENT IS $815 AND COVERS EXTERIOR MAINTENANCE (ROOF, GUTTERS, BRICK, LANDSCAPING, AND SNOW REMOVAL), COMMON AREA INTERIOR PLUMBING, AND BOILER, AND THE HOT WATER HEATER. ALL HOT WATER TANKS WERE REPLACED APPROXIMATELY THREE YEARS AGO. THE MEDICAL SUITE INCLUDES THE 11101 S. ST. LOUIS ADDRESS AND FACES WEST. EACH UNIT FEATURES A DOUBLE ENTRANCE AND IS DIVISIBLE, OFFERING FLEXIBILITY FOR FUTURE RECONFIGURATION. CALL TODAY FOR FINANCIALS AND TO SCHEDULE A TOUR OF THIS INCOME PRODUCER IN ONE OF CHICAGO'S MOST ACTIVE NEIGHBORHOOD COMMERCIAL CORRIDORS.
Location
State IL
County Cook
Area Blue Island
Zoning COMMR
Interior
Cooling Central Air, Office Only
Flooring Carpet, Concrete, Tile, Varies, Vinyl
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available
Roof Type Membrane
Building
Dwelling Type Industrial
Structure Type Brick,Concrete,Block,Steel Siding
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Charles Groebe of Coldwell Banker Realty
Nearby Locations
Helping buyers and sellers move with convidence