6601 111Th St Worth, IL 60482
- Retail space
- 0.44 lot acres
Current Use by Public Records
- Retail space
Property Details for 6601 111Th St
- Year built
- 1986
- Lot size
- 0.44 lot acres
- Property type
- Retail space
- APN
- 24-19-213-026
- APU
- 2419213026
Description
This exceptional commercial property at 6601 111th Street West in Worth, Illinois presents a compelling investment opportunity. The single-story building, constructed in 1990, offers a substantial 8,625 square feet of space, ideally suited for a variety of commercial ventures. The layout comprises a 4,375 square foot store, a 2,500 square foot shop, and a 1,750 square foot basement, providing ample room for retail, manufacturing, or storage needs. The property sits on a generously sized lot measuring approximately 120 feet by 108 feet, boasting 108 feet of frontage on 111th Street, a high-traffic area with over 27,000 vehicles passing daily. The store and shop feature comfortable 14-foot ceilings, while the basement offers 10-foot ceilings. The building is well-maintained, featuring durable architectural shingles. Ample parking is available with 22 spaces to accommodate customers and employees. The property is zoned B-2 General Business District, allowing for diverse commercial uses within a mixed commercial and residential setting. The electrical service is robust, featuring 200 AMP 3-phase power in the store and 400 AMP 3-phase power in the shop, catering to businesses with significant power requirements. This property offers strong potential for growth and success in a highly visible and accessible location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $430,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $380,000
- Mixed-Use
- $375,000
- Hospitality
- $390,000
- Educational
- $375,000
- Residential Income
- $415,000
- Energy
- $325,000
- Income-Based Land
- $340,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Worth
- County
- Cook
- State
- Illinois
- Longitude
- -87.784
- Latitude
- 41.6899
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA