3911 Sauk Trail, Richton Park, IL

$383,900

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About 3911 Sauk Trail

Clean 8,400 sq/ft, 4 unit commercial storefront on busy Sauk Trail with over 27,000 vehicles passing by per day. The building 5 out of 6 are leased with strong long term tenants like Statefarm and Xtra Cute Salon. The building could be reconverted back to 6 units in the future and after the recent tax reduction the building will have cash flow. The building sits on nearly .7 acres and has over 40 parking spaces in the front and rear of the building. Zoning is special because it allows most business/office/restaurant use plus the option for Cannabis retail and growth with a special use permit. Zoning allows for mixed use so you could add an apartment to either building to qualify for residential taxation. Taxes were appealed successfully and new taxes for 2025 will be less and the cap rate will be over 7 in 2025.

Features of 3911 Sauk Trail

MLS® # 12189400
Price $383,900
Bathrooms 0.00
Acres 0.00
Year Built 1990
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 3911 Sauk Trail
Area Richton Park
City Richton Park
County Cook
State IL
Zip Code 60471

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Concrete, Block, Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 362
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Officexr realty
Contact Info773-234-8155

Listing Map

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