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    7017 W 111Th St Worth, IL 60482

    For Sale
    $1,250,000

    Retail property with long-term tenants and high traffic volume.

    Property size:
    17,100 SF
    Lot size:
    0.22 Acres

    Property Features for 7017 W 111Th St

    General Information

    Size
    17,100 SF
    Lot size
    0.22 Acres

    Source: SVN | Chicago Agent Derek Gonsch

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

    Overview

    Fully Occupied Retail Investment Property

    This retail property features 7 fully occupied units. The property experiences a traffic volume of 27,500 vehicles per day, according to IDOT. The property generates an NOI of $114,806. The building has a low maintenance and management expenses. The property has a size of 17,100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Valley Plaza Shopping Center, The Village Plaza, Kiswani Shopping Center, Coin Cloud Bitcoin ATM, Sandpiper plaza

    Location Insight

    • Map
    • Local Demand
    City
    Worth
    County
    Cook
    State
    Illinois
    Longitude
    -87.7945556
    Latitude
    41.6897842

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    FAQs

    What type of property is this?
    Shopping center - Retail property with long-term tenants and high traffic volume.
    Where is this shopping center located?
    The property is located at 7017 W 111Th St Worth, IL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - $114,806 NOI; - 7 units fully occupied, providing immediate income; - Low maintenance/management expenses
    (708) 267-9988
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    7017 W 111Th St Worth, IL 60482
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7017 W 111Th St Worth, IL 60482
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