430-438 34Th St Steger, IL 60475
- Commercial real estate
- 11,300 SF
Current Use by Public Records
- Commercial real estate
Property Details for 430-438 34Th St
- Property size
- 11,300 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully occupied, single-story strip center located at 430-438 W 34th Street in Steger, Illinois. Boasting a substantial 11,300 square feet, this property offers a consistent and reliable income stream thanks to its five long-term tenants, many of whom have occupied the space for over 20 years. The diverse tenant mix includes a convenient store, laundromat, barbershop, pub, and carry-out restaurant, catering to the surrounding residential community. The property's convenient location within walking distance of residential areas ensures high foot traffic and accessibility for patrons. The building features a newer roof and benefits from an expansive parking lot, providing ample space for customers. The property is situated on a 0-acre lot. This is a turnkey investment opportunity with a proven track record of success, offering a strong return on investment for the discerning buyer. The current asking price is $1,550,000. This is an excellent addition to any commercial real estate portfolio. Please note that tenants should not be disturbed.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Steger
- County
- Will
- State
- Illinois
- Longitude
- -87.6517
- Latitude
- 41.4694
