9901-9909 S Harlem,Chicago Ridge, IL 60415
Chicago Ridge, IL 60415
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.
Details
| MLS # | 12693415 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 94 |
| Listing Provided By | RE/MAX 1st Service | Faten Razik |
Features
| SQ Feet | 8,500 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | RTAIL |
| Acreage | 7956.00 |
Interior
| Cooling | Central Air |
|---|
Utilities
| Electric | Service - 101 to 200 Amps |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 39454.11 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago Ridge |
| Zip Code | 60415 |
| Area | Chicago Ridge |
| Listing VS Median (in 60415) | |
Price: $2,500,000 low | high Med: $225,000 sqft: 8,500 low | high Med: 1,000 $ / sqft: $294 low | high Med: $225 On site: 94 low | high Med: 25 | |
Market Activity 60415
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago Ridge |
| Zip Code | 60415 |
| Area | Chicago Ridge |
| Listing VS Median (in 60415) | |
Price: $2,500,000 low | high Med: $225,000 sqft: 8,500 low | high Med: 1,000 $ / sqft: $294 low | high Med: $225 On site: 94 low | high Med: 25 | |