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    FOR SALE
    Retail space

    2700 E Sauk Trl, Sauk Village, IL 60411

    0.74 ac lot Built 1994
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US28-2460588
    Property summary
    AI-generated overview

    This 2,980 sq ft vacant storefront in Sauk Village, IL, is situated on a 0.74-acre lot at a hard-corner signalized intersection with over 24,811 vehicles passing daily. The single-story building offers excellent visibility and easy ingress/egress, making it ideal for a variety of retail uses, including restaurants, QSRs, car rentals, or medical/dental offices. The property boasts a strong location with numerous nearby apartment complexes, new home developments, and several colleges and universities, contributing to a high average household income exceeding $92,000 within a 3-mile radius. Convenient access to multiple shopping centers further enhances its appeal. This fee-simple ownership opportunity presents a compelling value-add proposition for investors seeking a high-traffic retail location in a growing community. The asking price is $525,000, translating to $176.17 per square foot. The property's size and location make it a rare find in this market. Don't miss this chance to secure a prime retail space in a thriving area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1994
    Lot 0.74 ac (32,433 SF)
    APN 33-30-300-005
    UPID US28-2460588
    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
    • Forever Evolving Dance Training Center
    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
    Tight Rope Devs LLC · 10 yrs held
    Tight Rope Devs LLC
    since 2015
    1 recorded transaction
    2015
    $700,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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