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Property profile & analytics
OFF-MARKET
Retail space

22 159th St Harvey, IL 60426-5047

0.06 ac lot Built 1965
Individually Owned 4-yr Hold Free & Clear
Property ID
US28-1899203
Property summary
AI-generated overview

This exceptional free-standing retail building, located at 22 W 159th Street in Harvey, Illinois, presents a compelling investment opportunity. The property boasts a substantial 2,825 square feet of space, ideally suited for a variety of retail uses. Its prime location on a busy street ensures high visibility and significant foot traffic, maximizing potential customer reach. The building's free-standing design offers excellent independence and control, allowing for customized interior layouts and operational flexibility. The property sits on a lot with no acreage specified, making it a manageable and efficient space. Multiple points of access are available, enhancing convenience for both customers and staff. This property is priced competitively at $140,000, representing a strong value proposition in the current market. The building's strategic location and substantial square footage make it an attractive option for entrepreneurs and investors seeking a well-positioned retail space in a thriving community. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy and offers significant potential for growth and return on investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Lot 0.06 ac (2,825 SF)
APN 29-19-205-009
UPID US28-1899203
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
  • Maximum Cash for Junk Cars Auto Repair Shop Auto Parts Store
  • Elite Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mohamed Alassaf · 4 yrs held
Mohamed Alassaf
since 2021
Last sale
$100,000
2 recorded transactions
2021
$100,000
2009
$180,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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