$2,400,000
$2,620,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
8,321 SqFt
SOLD DATE : 04/17/2023
Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 8,321 sqft
Price per Sqft $288
MLS Listing ID 11695933
Sold Date 04/17/23
Year Built 2005
Annual Tax Amount $106,154
Tax Year 2021
Lot Dimensions 132 X 192
Property Sub-Type Retail/Stores
Property Description
Fully occupied and stabilized retail center on the hard corner of the signalized intersection of Dempster and Ferris Avenue in Morton Gove. Next door to McDonalds and just down the block from a new construction Moretti's, Amazon Fresh, Cooper's Hawk and more! Over 44,000 vehicles pass in front on this property on Dempster Street every day. Leases are all NNN, with 100% of the center expenses, including management fees, passed through to tenants. Easy to lease store sizes, with 5 out of the 6 storefronts between 1,119 and 1,283 SF. Remaining, largest tenant of is a chiropractor's office of 2,352 SF, which completed a new construction buildout in 2018.
Location
State IL
County Cook
Area Morton Grove
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Building
Level or Stories 1
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Bought with Scott Birkeland • SB Real Estate Group, PLLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "