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Property profile & analytics
OFF-MARKET
Retail space

1301 11th W 171st St East Hazel Crest, IL 60429

0.56 ac lot Built 1975
Trust Owned 11-yr Hold Free & Clear
Property ID
US28-0355410
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, three-building industrial warehouse portfolio located at 1301 171st Street in Hazel Crest, Illinois, 60429, Cook County. The property boasts a total of 24,500 to 67,200 square feet of space, spread across three single-story buildings constructed in 1996. Currently operating at 100% occupancy with long-term tenants, this asset offers a compelling 9.00% capitalization rate. The lease structure is gross, simplifying management and maximizing returns. The property's strategic location provides convenient access to major transportation arteries, including I-294 and I-80, enhancing its appeal to both tenants and investors. Further enhancing the income stream is a billboard located off the expressway, generating additional revenue. The address encompasses 1301-1329 W 171st St. This is a multi-tenant property offering a stable and lucrative investment opportunity for discerning buyers seeking strong cash flow and long-term appreciation. The property is classified as both Industrial and Retail.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Lot 0.56 ac (24,353 SF)
APN 29-29-302-029
UPID US28-0355410
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Balhan Auto Care Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Trust 20475 · 11 yrs held
Trust 20475
since 2015
7 recorded transactions
2015
Price N/A
2014
Price N/A
2002
$830,000
1999
Price N/A
1998
Price N/A
1997
Price N/A
1997
$150,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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