1030 Sterling Ave, Unit 32 Flossmoor, IL 60422-1234
- Retail residential properties
- 0.15 lot acres
Current Use by Public Records
- Flossmoor,IL Family Dentist / Dentist
- Judy Ann Johnson Pc / Dentist
- Wendy M. Schweinfurth, OD / Optometrist
- Sterling Eye Care - Flossmoor Optometrist Eye Doctor / Optometrist / Contact Lenses Supplier
- Eyes on Sterling / Optometrist / Contact Lenses Supplier
Property Details for 1030 Sterling Ave
- Year built
- 1930
- Lot size
- 0.15 lot acres
- Property type
- Retail residential properties
- APN
- 31-01-420-034
- APU
- 3101420034
Description
This exceptional investment opportunity encompasses two mixed-use buildings ideally situated in Flossmoor's vibrant central business district, directly across from the Metra station, a renowned microbrewery, diverse restaurants, and unique boutiques. The main building, 1030-1032 Sterling Avenue, is a prominent corner structure featuring a clock tower. This building boasts 10,110 square feet and houses five retail spaces and four highly desirable apartments, all currently leased with tenants responsible for their own electricity and gas. The owner provides heat. The building includes three separate basements
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,475,000
- 6.5%
- $1,350,000
- 7%
- $1,305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,350,000
- Geo Method
- $1,285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,525,000
- Retail
- $1,175,000
- Mixed-Use
- $1,270,000
- Hospitality
- $1,125,000
- Educational
- $1,455,000
- Residential Income
- $1,465,000
- Energy
- $1,420,000
- Income-Based Land
- $1,270,000
- Food Service
- $1,330,000
Location Insight
- Map
- Local Demand
- City
- Flossmoor
- County
- Cook
- State
- Illinois
- Longitude
- -87.6794
- Latitude
- 41.5435
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA