Current Use by Public Records
- Lifestyle centers
Property Details for 49-59 North St
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Park Forest
- County
- Will
- State
- Illinois
- Longitude
- -87.6793
- Latitude
- 41.4976
