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Freestanding Storefront Building

3913 Sauk Trail, Richton Park, IL 60471

For Sale
$475,000

Commercial Sale, Richton Park, IL

Property Size3,086 SF
Lot Size0.21 Acres
Price / SF$153.92
Days on Market47

Property Features for 3913 Sauk Trail

General Information

Property type Commercial Sale
Property subtype Retail
Directions Take Sauk Trail to lighted corner intersection on Richton Rd Southeast corner is touching the intersection
Subdivision Richton Park
Standard status Active
APN 31351000550000
Lot size 0.21 Acres

Additional Details

Corner Location Yes

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 9108

Utilities

Cooling system Central Air

Building Details

Year built 1959
Floors in Building 1
Number of units 2
Building materials Concrete, Block
Buildings 1
Listing Agency: REMAX Legends · RE/MAX International
Listed By: Fady Ishak
Added: Sep 25 Changed: Oct 28 Last Checked: Nov 10 at 8:06PM
MLS# 12769311

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This freestanding storefront building was constructed in 1959 with concrete and block materials. Its interior has updated flooring and finishes, with an open layout. Central air and on-site parking are also included. The property is zoned TC-1 Town Center, which supports commercial and mixed-use business types.

At the corner of Sauk Trail, the site is reported to see more than 27,000 vehicles daily. I-57 is described as minutes away, providing access for customers and staff.

Key Highlights

  • Freestanding building on a corner lot along Sauk Trail
  • 3,086 SF building, as stated in the property remarks
  • TC‑1 Town Center zoning supports commercial and mixed‑use business types

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,406
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,120 $868.1K
Cap Rate 7%
$620,086 $620.1K
Cap Rate 9%
$482,289 $482.3K
Market Conditions
NOI Build-Up for 3,086 SF
Gross rent
$67.8K $21.96/SF
− Vacancy
−$5.8K −$1.87/SF
EGI
$62.0K $20.09/SF
− OpEx
−$18.6K −$6.03/SF
NOI
$43.4K $14.07/SF
Area
Cook County, IL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,120
Cap Rate 7%
$620,086
Cap Rate 9%
$482,289

Alternative Uses

Best Use
Retail
$620.1K
$542.6K – $723.4K (±1% cap)
NOI $43,406 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $82,952 @ 7.0% cap · market cap 17.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Building Supply Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60471, IL

13,155
Population
5,505
Households
2.4
Avg Household Size
40
Median Age
30%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
3,289
Density / Sq Mi
$72,241
Median Household Income
$47,029
Median Earnings
$1,319
Median Rent
$200,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Storefront properties in Cook County, IL

$234 Jul
$200 Aug
$172 Sep
$174 Oct

Properties on Market for Storefront properties in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - An open interior layout, on-site parking, and TC-1 Town Center zoning support a range of commercial business types.
Where is this storefront property located?
The property is located at 3913 Sauk Trail Richton Park, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Freestanding building on a corner lot along Sauk Trail; 3,086 SF building, as stated in the property remarks; TC‑1 Town Center zoning supports commercial and mixed‑use business types
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