1301 11th W 171st St, East Hazel Crest, IL 60429
- Retail space
- 0.56 lot acres
Current Use by Public Records
- Balhan Auto Care Inc / Auto Repair Shop
Property Details for 1301 11th W 171st St
- Year built
- 1975
- Lot size
- 0.56 lot acres
- Property type
- Retail space
- APN
- 29-29-302-029
- APU
- 2929302029
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 27, 2015 | — | Trust 20475 | Trust 17293 | Quit Claim Deed · related | — |
| May 28, 2014 | — | Trust 17349 | — | Trustees Deed · related | $623k · Standard Bk |
| May 13, 2002 | $830,000 | Standard Bank & Trust Co Ttee | Lasalle Bank NA Trustee | Grant Deed · related | $623k · Standard Bank & Trust |
| Jun 21, 1999 | — | American Nat'l Bk&tr Chgo Ttee | Zesai,kawkah | Grant Deed · related | $450k · Blackburne & Brown Mortgage |
| Apr 3, 1998 | — | Zegar,kawkab | Gurosh Trust | Trustees Deed · related | — |
| Nov 21, 1997 | — | Kawkab Zegar | Sughayer,mamun | Quit Claim Deed · related | — |
| Oct 14, 1997 | $150,000 | Mamun Sughayer | Tr,gurosh Eleano | Grant Deed | — |
| Oct 9, 1997 | $21,000 | Mamun S Sughayer | Gurosh Trust | Trustees Deed | — |
| Oct 9, 1997 | $150,000 | Mamun S Sughayer | Gurosh Trust | Trustees Deed | — |
| — | — | Trust 17293 | — | Deed Of Trust · related | $299k · Standard Bank & Trust |
| — | — | Standard Bk & Trust | — | Loan Modification · related | $281k · Standard Bk |
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Hazel Crest
- County
- Cook
- State
- Illinois
- Longitude
- -87.6491
- Latitude
- 41.5788
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
