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    Monee, IL Crete, IL Richton Park, IL
    Free-Standing Building in Park Forest
    Updated: Aug 13, 2024
    Free-Standing Building in Park Forest

    49-59 North Street, Park Forest, IL 60466

    $1,500,000
    12,600 sqft
    Cannabis approved site
    Potential Class 8 tax incentive
    Well maintained free‑standing building divisible into six 2,100 SF units
    Ideally located collision shop space
    Updated LED lighting and new emergency exit doors
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    This listing looks promising.

    Here's a quick look at some key insights for

    49-59 North Street, Park Forest, IL 60466

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $119K
      Annual

    • Price @ 7% Cap

      $1.7M
      Above asking
    View Property Analytics
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in University Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Property in Prime Location
    Commercial Property in Prime Location

    2920 159th Street, Markham, IL 60428

    $949,500
    5,400 sqft · 0.63 AC lot

    Versatile commercial property suitable for various business uses.

    View details
    Freestanding Single-Tenant Retail Opportunity
    Freestanding Single-Tenant Retail Opportunity

    3331 Chicago Rd, South Chicago Heights, IL

    $1,437,500
    6,767 sqft · 0.83 AC lot

    Single-tenant net lease property with long-term operating history.

    View details
    Versatile Commercial Site on Sauk Trail
    Versatile Commercial Site on Sauk Trail

    65 E Sauk Trail, South Chicago Heights, IL 60411

    $625,000
    3,400 sqft · 1.20 AC lot

    1.2-acre site with 3,400 SF building, ideal for various uses.

    View details
    Prime Commercial Property For Sale
    Prime Commercial Property For Sale

    2920 159th Street, Markham, IL 60428

    $949,500
    5,400 sqft · 1.00 AC lot

    5,400 SF building on 1-acre site in high-traffic location.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Bridgeview Industrial Lot For Sale
    Bridgeview Industrial Lot For Sale

    9901 S 76th Avenue, Bridgeview, IL 60455

    $4,000,000
    4.20 AC lot

    4.2 acre industrial lot in prime Bridgeview location.

    View details
    Kankakee Redevelopment Opportunity
    Kankakee Redevelopment Opportunity

    590 S Washington Avenue, Kankakee, IL 60901

    $125,000
    1,100 sqft · 0.30 AC lot

    Former gas station/convenience store ideal for redevelopment.

    View details
    West Ridge Development Site
    West Ridge Development Site

    6017 North Western Avenue, Chicago, IL 60659

    Contact for pricing
    5,305 sqft · 1.10 AC lot

    Development site in West Ridge, Chicago, with C2-2 zoning.

    View details
    Oswego, IL Land For Sale
    Oswego, IL Land For Sale

    94 Templeton Drive, Oswego, IL 60543

    $295,000
    1.19 AC lot

    1.19 acre industrial land available in Oswego, Illinois.

    View details

    Off-Market Properties in University Park, IL

    Consider similar Off-Market properties in University Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    84 Orch Dr
    AUTO REPAIR, GARAGE

    84 Orch Dr, Park Forest, IL 60466-1603

    $2,100,000
    Estimated value
    View details
    20 Nn St
    AUTO REPAIR, GARAGE

    20 Nn St, Park Forest, IL 60466-1371

    Value Estimation by Request
    0.28 AC lot
    View details
    20 Nn St
    AUTO REPAIR, GARAGE

    20 Nn St, Park Forest, IL 60466-1371

    Value Estimation by Request
    0.72 AC lot
    View details
    2210 Western Ave
    AUTO REPAIR, GARAGE

    2210 Western Ave, Park Forest, IL 60466-1201

    Value Estimation by Request
    0.69 AC lot
    View details
    2210 Western Ave
    AUTO REPAIR, GARAGE

    2210 Western Ave, Park Forest, IL 60466-1201

    Value Estimation by Request
    0.34 AC lot
    View details
    2210 Western Ave
    AUTO REPAIR, GARAGE

    2210 Western Ave, Park Forest, IL 60466-1201

    Value Estimation by Request
    0.90 AC lot
    View details
    18 Nn St
    AUTO REPAIR, GARAGE

    18 Nn St, Park Forest, IL 60466-1371

    Value Estimation by Request
    0.69 AC lot
    View details
    301 Illinois St
    AUTO REPAIR, GARAGE

    301 Illinois St, Park Forest, IL 60466-1119

    Value Estimation by Request
    0.36 AC lot
    View details
    10 Norwood Blvd
    AUTO REPAIR, GARAGE

    10 Norwood Blvd, Park Forest, IL 60466-1441

    Value Estimation by Request
    0.35 AC lot
    View details

    University Park, IL Auto Shops Market Trends and Statistics

    Explore 10 auto shops for sale in University Park, IL on our real estate platform. These investment opportunities span a total of 12,600 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for auto repair shops in University Park, IL start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1

    Demographics Overview

    Population 28K
    Population Growth (5Y) -1.7%
    Median Household Income $63,409
    College Educated 36.1%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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