Freestanding Retail
3913-3915 Sauk Trail Richton Park, IL 60471
3913-3915 Sauk Trail, Richton Park, IL, 60471
Contact for pricing
For Sale
Contact for pricing
Freestanding commercial building with recently updated interior finishes and two ADA-compliant restrooms, plus on-site parking.
Property Size3,000 SF
Lot Size0.20 Acres
Price / SF$166.67
Days on Market56
Property Features for 3913-3915 Sauk Trail
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.20 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1958
Listing agency
Network Real Estate Group
(708) 927-8000
Listed by
Neil Haleem · License #IL 37077037778HN
Source
Crexi
Added: May 29 Updated: Jul 22 at 5:58PM Checked: Jul 22 at 5:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Network Real Estate Group
Investment Insights
Based on property information with market context.
Available for sale, this freestanding commercial building offers approximately 3,000 square feet of flexible space suited to retail, office, or restaurant use. The interior has been recently updated with new vinyl flooring, modern black ceilings, and includes two ADA-compliant restrooms.
The property is situated along Sauk Trail with visibility supported by reported daily traffic of over 35,000 vehicles. Parking totals approximately 10 spaces, split between the front and rear, and the site covers nearly 0.2 acres.
Flexible zoning supports a wide range of uses, and a special use permit allows for cannabis retail or cultivation. The layout and condition make the space a move-in-ready option for an owner or tenant looking to customize their operations.
The property is situated along Sauk Trail with visibility supported by reported daily traffic of over 35,000 vehicles. Parking totals approximately 10 spaces, split between the front and rear, and the site covers nearly 0.2 acres.
Flexible zoning supports a wide range of uses, and a special use permit allows for cannabis retail or cultivation. The layout and condition make the space a move-in-ready option for an owner or tenant looking to customize their operations.
Key Highlights
- 3,000 SF freestanding commercial building built in 1958
- Recently updated interior finishes include new vinyl flooring and modern black ceilings
- Two ADA‑compliant restrooms
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $21.60 |
| − Vacancy | −$5.3k | −$1.77 |
| EGI | $59.5k | $19.83 |
| − OpEx | −$17.8k | −$5.95 |
| NOI | $41.6k | $13.88 |
3,000 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$594.9K
$520.5K – $694.0K
NOI $41,640 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$906.3K – $1.21M
NOI $72,503 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Freestanding commercial building with recently updated interior finishes and two ADA-compliant restrooms, plus on-site parking.
Where is this storefront property located?
The property is located at 3913-3915 Sauk Trail Richton Park, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,000 SF freestanding commercial building built in 1958; Recently updated interior finishes include new vinyl flooring and modern black ceilings; Two ADA‑compliant restrooms
