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    1012 Steger Road

    Crete, IL 60417
    • $881,000
    • STATUS: Active
    • ON SITE: 220 days
    • MLS #: 10637403
    UPDATED: 72 min ago
    $881,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,200
      SQFT
    • $86
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1984
    County:
    Area:

    School Ratings & Info

    Description

    10,200 SF Value Add Retail Center Opportunity. Excellent Cash Flow Investment w/ Add-Value Opportunity & Cap Rate Growth w/ Significant Upside Through Leasing the Remaining Vacant Spaces Providing 35% Upside. Hard Corner Site Offering Outstanding Frontage, High Visibility & Easy Access Points. Over 303 Feet of Prime Frontage. Abundant Parking. Ample Residential Rooftops Surround Site. Located 1 Mile West of the Calumet Expressway (I-394). Priced Well-Below Replacement Cost. Low Will County Taxes. 8.67% Cap Rate.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-22T16:52:17.767 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1012 Steger Road Crete, IL 60417

    • Price: $881,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 10637403
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,200
    SQFT
    $86
    $/SQFT
    1984
    Built
    Neighborhood:
    Crete
    County:
    Will
    Area:
    Crete
    Property Description
    10,200 SF Value Add Retail Center Opportunity. Excellent Cash Flow Investment w/ Add-Value Opportunity & Cap Rate Growth w/ Significant Upside Through Leasing the Remaining Vacant Spaces Providing 35% Upside. Hard Corner Site Offering Outstanding Frontage, High Visibility & Easy Access Points. Over 303 Feet of Prime Frontage. Abundant Parking. Ample Residential Rooftops Surround Site. Located 1 Mile West of the Calumet Expressway (I-394). Priced Well-Below Replacement Cost. Low Will County Taxes. 8.67% Cap Rate.
    Exterior Features

    Construction ConcreteStone Foundation Concrete Frontage Access City StreetState Road Location Corner Lot Dimensions 303.1 X 178.9 X 306.6 X178.9 Lot Sq Ft 54655 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Individual Fire Protection Alarm MonitoredFire Extinguisher/S Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking 51-100 Spaces

    Property Features

    Current Use Commercial Electrical Service Circuit BreakersSeparate Meters Exterior Building Type Stone Heat Ventilation Ceiling UnitsCentral Heat/Indiv ControlsForced AirGas Investment YN Yes Max Avail Sq Ft Rentable 0 Min Avail Sq Ft Rentable 0 Net Oper Income Amount 76373 Possession Closing Property Offered For Sale Only Tax Year 2018 Taxes 28905 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceWater/SewerVaries By Tenant Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Zoning Type Rtail

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Adelphia Properties.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-22T16:52:17.767 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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