Property profile

15345 Wood St Harvey, IL 60426

OFF-MARKET
Retail space
Property ID
US28-2306629
0.07 ac lot Built 1980
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,800 square foot former restaurant building presents a unique investment opportunity in the thriving city of Harvey, Illinois, located in Cook County. The property, situated at 15345 S Wood St, zip code 60426, boasts a highly desirable single-tenant configuration, previously occupied by a well-known fast-food chain. Its strategic location offers excellent visibility and accessibility, making it an ideal site for a variety of food service businesses. The building includes a valuable drive-thru feature, a significant asset for streamlining operations and enhancing customer convenience. The property's existing infrastructure provides a solid foundation for a quick and efficient transition to a new tenant or a complete renovation to suit a specific business model. With its ample square footage and prime location, this property is poised for immediate success. The property is located in Cook County, Illinois, offering access to a robust local market and a strong transportation network. This is a rare opportunity to acquire a well-positioned commercial property with significant potential for growth and profitability. The latitude and longitude coordinates are 41.61034197153036 and -87.66075950259908 respectively. This property is ready for its next chapter.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Lot 0.07 ac (3,125 SF)
APN 29-18-220-019
UPID US28-2306629

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

15345 Wood St Harvey, IL 60426-3041
Harvey metro Census 827400 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2016
Last sale
$1,000
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
Price N/A
2013
Price N/A
2003
Price N/A
2001
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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