3500 183Rd St Hazel Crest, IL 60429
For Sale
This exceptional investment opportunity presents a well-established grocery store located at 3500 183rd Street in Hazel Crest, Illinois. The property boasts a substantial 13,250 square feet of retail space situated on approximately 1.84 acres of land. Its prime location on 183rd Street ensures high visibility and accessibility, with a documented traffic count of 14,800 vehicles per day. The asking price for this turnkey operation is $900,000, translating to a price per square foot of $67.92. The property's 2022 tax assessment totaled $197,106.03. The property's PIN number is 28-35-400-015. This established business offers a strong foundation for continued success and significant return on investment. The substantial square footage and high traffic volume make this a rare opportunity in the competitive grocery market. Serious inquiries are encouraged to explore this lucrative investment prospect further. Detailed financial records and operational data are available upon request. This property is zoned for retail use and is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.