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256 157Th St Harvey, IL 60426

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For Sale
$139,999

Liquor Store, Apartment, Great ROI!

Property size:
2,400 SF

Property Features for 256 157Th St

General Information

Property type
Other commercial real estate
Square Feet
2,400 SF

Building Details

Year Built
1944

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Listing Contact
Tyrone Cotton

Listing Agency: T Cotton & Associates Realty, LLC Listing Agent: Tyrone Cotton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity in Harvey, Illinois presents a 2,400 square foot freestanding commercial building situated on a 0-acre lot at 256 E 157th Street. Previously operating as a combined liquor store and grocery store, this property offers significant income potential. A one-bedroom apartment is included, providing additional rental income streams. The building has undergone several key improvements in recent years, enhancing its value and functionality. These upgrades include a new roof installed in 2016, a complete replacement of the copper piping, and updated electrical and plumbing systems. This ensures the property is well-maintained and ready for immediate occupancy. The property is being sold "as is," presenting a unique chance for a savvy investor to capitalize on its existing cash flow and further increase its value through potential renovations or lease adjustments. This is an ideal acquisition for cash buyers seeking a strong return on investment in a growing market. Serious inquiries from pre-approved buyers are encouraged, with cash offers given preference. The property's prime location and solid foundation make it a compelling investment prospect. Don't miss this chance to acquire a profitable commercial property with significant upside.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

A&J Kwik Mart Grocery & Convenience Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Harvey
County
Cook
State
Illinois
Longitude
-87.64166
Latitude
41.60436

FAQs

What type of property is this?
Commercial real estate - Liquor Store, Apartment, Great ROI!
Where is this commercial real estate located?
The property is located at 256 157Th St Harvey, IL.
What is the asking price?
The asking price for this property is $139,999.
More about this property
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