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    3911 Sauk Trl Richton Park, IL 60471

    Sponsored
    For Sale
    $385,000

    8,467 SF Multi-Tenant Retail Building

    Property size:
    8,467 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,467-square-foot retail property, situated on a nearly 0.7-acre lot at 3911 Sauk Trail in Richton Park, Illinois, presents a compelling investment opportunity. Currently housing four tenants (with potential for six), this Class B building boasts 89% occupancy, featuring strong, long-term tenants such as State Farm and Xtra Cute Salon. The property enjoys a high-traffic location on Sauk Trail, with over 27,000 vehicles passing daily. The building, constructed in 1990, offers ample parking with over 41 spaces conveniently located both in front and behind the building. The asking price is $385,000, translating to $45.47 per square foot. The current Net Operating Income (NOI) stands at $14,935, yielding a 3.88% cap rate

    Property Features for 3911 Sauk Trl

    General Information

    Property type
    Lifestyle centers
    Square Feet
    8,467 SF
    Class
    B

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1
    Units
    4
    Property Profile Location Intelligence

    Current Use by Public Records

    Neet freak Hair Salon Lovelenailz Nail Salon Lux lash life Beauty Salon Queen’s Bling @ Extra ... Hair Salon Kiickback Massage & beauty Massage Therapist

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Richton Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.710547053067
    Latitude
    41.484089090324

    Nearby Comparable

    • $129,000

      Matteson Income Property Opportunity

      Two-unit building on oversized lot, ideal for investors.
      21829 Richton Rd, Matteson, IL 60443
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    • Contact for pricing
      6,530 SF

      Matteson Automotive Property and Business

      Turn-key automotive property and business opportunity in Matteson, Illinois.
      3627 216Th St, Matteson, IL 60443
      View Details
    • $450,000
      5.75 Acres

      Matteson Land: 5.75 Acres

      Prime Residential Development Land
      560 Homan Ave, Matteson, IL 60443
      View Details
    • Contact for pricing

      9.8 Acres Developable Land

      9.8 acres of developable land zoned MXD.
      19949 W Stoller St, Matteson, IL
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - 8,467 SF Multi-Tenant Retail Building
    Where is this lifestyle center located?
    The property is located at 3911 Sauk Trl Richton Park, IL.
    What is the asking price?
    The asking price for this property is $385,000.
    Request Owner's contact information
    3911 Sauk Trl Richton Park, IL 60471
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    Richton Park, IL 60471
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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
    3911 Sauk Trl Richton Park, IL 60471
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