8625 Stony Island AveChicago, IL 60617
For Sale
$550,000
High-ROI Retail Center, 3,500 SF, 80% Occupancy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- $550,000 asking price for a 3,500 SF retail shopping center.
- Gross lease, 80% occupancy with 2 years remaining on the lease.
- $53,601 Net Operating Income (NOI) yielding a 7.90% cap rate.
- Four units in a single-story, 1962-built building located at 8625 S Stony Island Ave, Chicago, IL 60617 (APN: 20363240100000).
- Features a new roof and updated HVAC. B3-2 zoning.
Property Details for 8625 Stony Island Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 3,500 SF
- Year Built
- 1962
- Stories
- 1
- Units
- 4
Location Insight
- City
- Chicago
- County
- Cook
- State
- Illinois
- Latitude
- 41.7379796
- Longitude
- -87.5850148
8625 Stony Island Ave, Chicago, Illinois
Nearby Similar for Sale
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