3911 Sauk Trail Richton Park, IL $ 385,000
3911 Sauk Trail
$ 385,000
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3911 Sauk Trail

Richton Park, IL, 60471
$ 385,000
Baths0.0 Sq 8,456

Monthly Estimate*

$ 2,559

3911 Sauk Trail, Richton Park, IL 60471 - Image 1
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3911 Sauk Trail, Richton Park, IL 60471 - Image 9
Studio

Commercial Property for sale in Richton Park, IL

for $385,000. This 8,456 square foot building was built in 1990 on a lot size of 0.670523.

Clean 8,500 sq/ft, 4 unit commercial storefront on busy Sauk Trail with over 27,000 vehicles passing by per day. The building is 85% leased with strong long term tenants like Statefarm and Xtra Cute Salon. The building could be reconverted back to 6 units in the future and after the recent tax reduction the building will have cash flow once 100% leased. The building sits on nearly .7 acres and has over 40 parking spaces in the front and rear of the building. Zoning is special because it allows most business/office/restaurant use plus the option for Cannabis retail and growth with a special use permit. The building next door is also for sale 3913 and could be combined for a package deal. Zoning allows for mixed use so you could add an apartment to either building to qualify for residential taxation.

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Commercial Active

Price

$ 385,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 123,594

Style

Commercial

Lot Size

0.670523

Year Built

1990

Town/City

Richton Park

County/Region

Cook

MLS | Web ID

11934316

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Concrete Block
Year Built 1990
Electric Power - 240V
Stories 1
Property SubType Strip Center
Tax Year 2022
Current Use Commercial
Gross Income 92088
County Cook
Net Operating Income 1
Insurance Expense 1800
Property Type Commercial Sale Retail/Stores
Status Active
Directions TAKE SAUK TRAIL TO RICHTON ROAD AND TURN SOUTH INTO PARKING LOT
City Richton Park
NumberOfUnitsTotal 6
MLS Area Richton Park
Lot Size Square Feet 29208
Street Name Sauk
Tax Annual Amount 123594
Electric Expense 700
Fuel Expense 900
Water Sewer Expense 500
Additional Parcels Y/N N
Leasable Area 8456
Days on Market 168
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 8456
Lot Dimensions 187' X 182' X 114' X 192'
Exterior Brick
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Interior
Street Suffix Trail
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* Excluded Features
List By
Xr Realty

Broker

realtywithadam@gmail.com

Email

Affordability Calculator

$12,858
Per Month
20%
80%
0%
Monthly Principal & Interest
$2,559
Monthly Property Taxes
$10,300
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$385,000 -3.75% Price Down
4/16/2024$400,000 -5.88% Price Down
3/25/2024$425,000 -5.56% Price Down
2/6/2024$450,000 -10.00% Price Down
12/1/2023$500,000 Listed Price

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3911 Sauk Trail, Richton Park, IL, 60471 is a Commercial Property for sale at $385,000 with 8,456 sqft and a lot size of 0.670523. 3911 Sauk Trail is a studio with 0.0 baths and was built in 1990. The property's zip code is 60471 which is in Richton Park, IL