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$ 2,500,000
Est. payment | /mo
10,969 SqFt
$ 2,500,000
Est. payment | /mo
10,969 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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tom Healy • Carr Realty, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "