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3911 Sauk Trail, Richton Park, IL 60471
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$383,900
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Home Details for 3911 Sauk Trail
Price
$383,900
Type
Commercial/Industrial
Year Build
1990
Sq. Ft.
8456
County
Cook
Tax
$69,652.9
MLS®️ Listing#
12189400
On exitrealty.com
325 days
Property Description
Clean 8,400 sq/ft, 4 unit commercial storefront on busy Sauk Trail with over 27,000 vehicles passing by per day. The building 5 out of 6 are 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. 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. Zoning allows for mixed use so you could add an apartment to either building to qualify for residential taxation. Taxes were appealed successfully and new taxes for 2025 will be less and the cap rate will be over 7 in 2025.
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Listing Courtesy: xr realty - 773-234-8155

Last Updated: 2025-09-03 20:17:08
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$383,900
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EXIT STRATEGY REALTY
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