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6421 W 87th Street Oak Lawn, IL 60453
Available for sale, seven unit, retail/office strip center with 15, 687 square feet of gross leasable space. Situated at the southwest corner of 87th Street and Ridgeland Avenue in Oak Lawn, IL., adjacent to a high traffic count thoroughfare. Currently five of the units are leased, with one additional unit on a temporary occupancy, and another vacant. Units vary from 1200 sqft to 5817 sqft in area. All units have separate heating and electric utilities. The property site is 1.104-acres, with 62 surface parking spaces. An ideal property for owner occupant who needs a large space, or for future income investment. Projected net third-year income with stabilized tenancy is at $167, 600. Oak Lawn, IL. is located in Cook County, and situated 13 miles southwest of downtown Chicago. One of the largest municipalities in Cook County, many of its thoroughfares are considered the county's busiest.
|2 months ago||Listing updated with changes from the MLS|
|4 months ago||Status changed to Active Under Contract|
|6 months ago||Listing first seen online|