Description
Highly visible, six-storefront shopping center in Summit. Situated along a busy road near a heavily traveled intersection and an I-55 exit, the property combines prominent street exposure with convenient access for customers and employees. The approximately 10,000-square-foot, single-story brick building features large storefront windows, individual entrances, and a continuous covered awning. Approximately 36 parking spaces in front and behind the building accommodate customers and employees. Built in 1986, the property occupies approximately 0.46 acres and is zoned B-2 General Business. All HVAC systems have been replaced. Offered at $975,000, a price of roughly $97.50 per square foot. A vacant 1,500-square-foot storefront offers potential for additional income, with possible modest rental growth over time as leases renew. With six storefronts, ample parking, strong visibility, and nearby interstate access, the center offers investors an income-producing property with potential for additional income.
Details
| MLS # | 12773039 |
|---|---|
| Listing Type | For Sale |
| Style | Office/tech |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 30 |
| Listing Provided By | Ellsbury Group LLC | Natalia Nash |
Features
| SQ Feet | 10,215 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Zoning | COMMR |
Interior
| Cooling | Central Individual |
|---|
Utilities
| Electric | Separate Meters, Service - 101 to 200 Amps |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 52011 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Summit |
| Zip Code | 60501 |
| Area | Summit |
| Listing VS Median (in 60501) | |
Price: $975,000 low | high Med: $369,000 sqft: 10,215 low | high Med: 1,236 $ / sqft: $95 low | high Med: $299 On site: 30 low | high Med: 44 | |
Market Activity 60501
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Summit |
| Zip Code | 60501 |
| Area | Summit |
| Listing VS Median (in 60501) | |
Price: $975,000 low | high Med: $369,000 sqft: 10,215 low | high Med: 1,236 $ / sqft: $95 low | high Med: $299 On site: 30 low | high Med: 44 | |