34171 Us Highway 45Third Lake, IL 60030

For Sale
$1,299,000

High-traffic storefront, 7 units, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8,787 square foot retail storefront, located at 34171 N US Hwy 45 in Third Lake, Illinois, presents a lucrative investment opportunity. Built in 1987, this attractive, all-brick, well-maintained corner strip center boasts excellent visibility and easy access, situated on a busy state road with a traffic count exceeding 23,000 vehicles per day. The property features seven units within a single, one-story building, encompassing a total lot size of 43,996 square feet. The property is zoned CB and has a Net Operating Income (NOI) of $98,364. Long-term tenants contribute to the property's consistent performance. The property's location in Lake County, Illinois, zip code 60030 (APN 07-19-302-012), offers significant advantages for both investors and business owners. This is a rare opportunity to acquire a well-established retail center in a high-traffic area with a proven track record of success. The property's strong cash flow and prime location make it an ideal addition to any investment portfolio.

Highlights

  • $1,299,000 asking price.
  • 8,787 square foot retail storefront.
  • $98,364 Net Operating Income (NOI).
  • Seven (7) units in a single, one-story building.
  • Built in 1987 on a 43,996 square foot lot.
  • Located at 34171 N US Hwy 45, Third Lake, IL 60030, with CB zoning.

Property Details for 34171 Us Highway 45

Property type
Other retail properties, Individual retail properties
Square Feet
8,787 SF
Year Built
1987
Buildings
1
Stories
1
Units
7

Location Insight

City
Third Lake
County
Lake
State
Illinois
Latitude
42.3594644
Longitude
-88.0007189
34171 Us Highway 45, Third Lake, Illinois

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34171 Us Highway 45
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