15420 Dixie Hwy Harvey, IL 60426-3478

Property Details for 15420 Dixie Hwy

Property type

Retail space

APN

29-18-120-123

APU

2918120123

Description

This exceptional investment opportunity presents a prime 37,253 square foot strip mall located at 15420 Dixie Highway in Harvey, Illinois. The property comprises eight individual retail spaces, each with varying square footage, offering flexibility for a diverse tenant mix. Recent improvements include a new roof, a completely renovated parking lot, and updated outdoor lighting, ensuring the property is well-maintained and attractive to tenants. The current tenants are responsible for their own utilities and common area maintenance (CAM) charges, minimizing operational burdens for the owner. This established center benefits from its location in a high-traffic area of Harvey, providing excellent visibility and accessibility for businesses. A significant added advantage is the availability of an adjacent 4.6-acre vacant lot, which can be purchased separately, presenting further development or expansion possibilities. This presents a unique chance to acquire a well-maintained, income-generating property with substantial upside potential in a growing South Suburban market. The asking price for the strip mall is $1,500,000. The adjacent vacant land is available for separate purchase, details of which can be provided upon request. This is an ideal investment for those seeking a stable, cash-flowing asset with significant long-term growth prospects.