Skip To Content

5230 159th Street

Oak Forest, IL 60452
  • $1,100,000
  • STATUS: Active
  • ON SITE: 315 Days
  • MLS #: 11760828
UPDATED: 46 min ago
$1,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

An incredible opportunity awaits you, offering significant income potential. This premier retail property is situated in an exceptionally high-traffic prime location, featuring long-term, reliable tenants. Positioned at the bustling intersection of 159th Street and Latrobe Ave, the development benefits from a dense flow of foot traffic, ensuring visibility and commercial success. This venture promises lucrative returns with strong cash flows, making it an exceptionally viable investment. Boasting 38 parking spaces to accommodate your clientele, this location is primed for success. If your investor clients have been eagerly anticipating the perfect opportunity, the time to act is now. The sale includes fixtures, furniture, and equipment (FF&E), as well as goodwill. Seize the chance to own a standalone building with half an acre of land, offering both a physical asset and a high-income stream. The possibilities are limitless. The property is valued at $1,100,000, with an additional value of $350,000 for the Coin Laundry and dry cleaner's business. All offers will be given careful consideration. Don't miss out on this exceptional investment opportunity!

Monthly Payment Calculator



© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-02-27T14:00:03.383 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.lewkepartners.com/homes/138622978
Print Image

5230 159th Street Oak Forest, IL 60452

  • Price: $1,100,000
  • Status: Active
  • On Site: 315 Days
  • Updated: 46 min ago
  • MLS #: 11760828
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Oak Forest
County:
Cook
Area:
Oak Forest
Property Description
An incredible opportunity awaits you, offering significant income potential. This premier retail property is situated in an exceptionally high-traffic prime location, featuring long-term, reliable tenants. Positioned at the bustling intersection of 159th Street and Latrobe Ave, the development benefits from a dense flow of foot traffic, ensuring visibility and commercial success. This venture promises lucrative returns with strong cash flows, making it an exceptionally viable investment. Boasting 38 parking spaces to accommodate your clientele, this location is primed for success. If your investor clients have been eagerly anticipating the perfect opportunity, the time to act is now. The sale includes fixtures, furniture, and equipment (FF&E), as well as goodwill. Seize the chance to own a standalone building with half an acre of land, offering both a physical asset and a high-income stream. The possibilities are limitless. The property is valued at $1,100,000, with an additional value of $350,000 for the Coin Laundry and dry cleaner's business. All offers will be given careful consideration. Don't miss out on this exceptional investment opportunity!
Exterior Features

Frontage Type City StreetEasement Lot Size .50-.99 Acre Outdoor Parking 31-50 Spaces Parking Total 38 Waterfront YN No

Interior Features

Cooling Central AirCentral Individual Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2021 Annual Rent For Real Estate 0 Building Area Total 8000 Business Age 11+ Years Business Type Dry Cleaner Corporate Limits Oak Forest Current Use Commercial Electric Separate Meters Gross Profit Year 2021 Gross Sales Annual 0 Gross Sales Annual Year 2021 Location Central Business DistrictMixed Use Area Mls Actual Status Active Operating Expense 0 Ownership Type Individual Ownership Types Individual Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesInventoryOwner Will TrainKey Money/Good Will Tax Annual Amount 42693 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsRoofScavengerStructureSewer Type Bus / Bus w/Real Est Type Of Lease Net Lease Utilities Electric to SiteGas to Site Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Mega USA Properties, Inc.: 847-947-2478.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-02-27T14:00:03.383 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_2_11760828-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_2_11760828-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_2_11760828-1.jpg
Logo
Keller Williams Success Realty
43 E Crystal Lake Ave
Crystal Lake IL, 60014