49-59 North StPark Forest, IL 60466

For Sale
Call for price

12,600 SF Retail Center, 6 Units

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional 12,600 square foot free-standing retail shopping center in Park Forest, Illinois, presents a compelling investment opportunity. Located at 49-59 North Street, zip code 60466, the property boasts six individual 2,100 square foot units, each featuring office/mezzanine space and a bathroom. The building is well-maintained and features an asphalt stone roof, updated LED lighting, and all new emergency exit doors on the south side. The parking lot was completely redone in 2020, ensuring ample parking for tenants and customers. Further enhancing its appeal is a triple catch basin drainage system. This property is uniquely positioned to benefit from potential Class 8 tax incentives and is approved for cannabis-related businesses. The single-story building offers excellent visibility and accessibility, making it an ideal location for a variety of retail ventures. Its strong infrastructure and recent upgrades make it a low-maintenance, high-return investment. The property's location in Park Forest, Illinois provides access to a thriving community and strong consumer base. This is a rare opportunity to acquire a well-maintained, versatile retail center with significant upside potential.

Highlights

  • 12,600 SF free-standing retail center in Park Forest, IL (60466), located at 49-59 North Street.
  • Six 2,100 SF units, each with office/mezzanine & bathroom.
  • Well-maintained building with asphalt stone roof, updated LED lighting, and new emergency exit doors.
  • Ample parking (lot redone in 2020) and triple catch basin drainage system.
  • Potential Class 8 tax incentives and cannabis business approval.
  • Excellent visibility, accessibility, and strong consumer base.

Property Details for 49-59 North St

Property type
Lifestyle centers, Power centers
Square Feet
12,600 SF
Buildings
1
Stories
1
Units
6

Location Insight

City
Park Forest
County
Cook
State
Illinois
Latitude
41.497625756155
Longitude
-87.679324651767
49-59 North St, Park Forest, Illinois
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49-59 North St
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