3911 Sauk Richton Park, IL 60471, Richton Park , 60471
Listing ID: MRD12189400
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$383,900
Price
Built: 1990
Data last updated: May 28, 2025 at 04:44am
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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.

Other located at 3911 Sauk Richton Park, IL 60471. The property was built in 1990. 3911 Sauk Richton Park, IL 60471 is in the Richton Park neighborhood.
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Agent Contact: Adam Ramahi Phone: (773) 234-8155
Listing Courtesy of: xr realty
Source: mlsgrid , MLS#: MRD12189400

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Adam Ramahi
(773) 234-8155

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Adam Ramahi
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment