6657 W 111th St | Worth, IL 60482
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6657 W 111th St
Worth, IL 60482
Retail Property For Sale
Executive Summary
Huge investment opportunity!!! Discover an exceptional investment opportunity with this well-maintained 6-unit building, strategically located in a high-traffic area. This versatile property features 5 retail spaces and 1 spacious 2-bedroom apartment, offering a unique blend of commercial and residential income. Prime location located right on 111th Street just east of Harlem Ave. The area has seen major growth in recent years with the addition of new restaurants, coffee shops and grocery stores. With Harlem Ave reaching capacity, savvy investors are seeing the potential for huge returns on 111th St. Don't miss out on a great opportunity!!! Contact me for more information.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,196 SF
Building Class
C
Year Built
1951
Price
£306,793
Price Per SF
£140
Net Initial Yield
8%
NOI
£24,543
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.25
Lot Size
0.20 AC
Zoning
B1, Worth
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
86 ft on 111th St
Amenities
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | 24-19-212-002-0000 | Improvements Assessment | £14,061 |
| Land Assessment | £4,037 | Total Assessment | £18,098 |
PROPERTY TAXES
Parcel Number
24-19-212-002-0000
Land Assessment
£4,037
Improvements Assessment
£14,061
Total Assessment
£18,098
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