2232 E Grand AVE new

Lindenhurst,IL 60046

$ 2500000

- Bed

0 Bath

10969 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 10,969 sqft

Price per Sqft $227

MLS Listing ID 12306097

Year Built 1987

Annual Tax Amount $35,186

Tax Year 2023

Lot Dimensions 1.56 ACRES

Property Sub-Type Retail/Stores

Property Description

Attractive Fully Leased Neighborhood Center Built in 1987 with 180 feet of Frontage on Route 132 at Lighted Intersection of Sand Lake and Route 132. Excellent Tenant Mix Including National Tenant Anchors. Inviting access from Both Sand Lake (267 Feet of Frontage) and Route 132. 34 Customer Parking Spaces in Front of Property with New Lighted Marquee Sign. Back Lot has Ample Employee Parking and EZ Delivery Access. Recent Value Added Improvements Include Parking Lot and Stripping, Marquee Sign, Roof and Tenant Buildout. Income and Expense calculations are accurate - Income Does Not Include Potential Income from Garage. Cap Rate is Based Upon 10,969 Sq Ft Center, Asking Price Does Take into Account Out Lot/Excess Land with Center and Separate Pin number for 1750 sq. ft. Brick Garage with Driveway Easement Access (Former Car Wash). Serious Inquiries Only

Location

State IL

County Lake

Area Lake Villa / Lindenhurst

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 1

Structure Type Brick

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