Active

1030 Sterling Street

Flossmoor, Illinois 60422


Robert Blaszkiewicz
708.574.5766

Request More Info

$1,325,000


Square Footage
13,250
Robert Blaszkiewicz
708.574.5766
Email me
Property Type
Commercial / Mixed Use
Neighborhood
Flossmoor


The subject properties consist of two fully leased mixed-use buildings. The property located at 1036 Sterling Avenue is a 3,000 SF two-story, masonry constructed mixed use building with one commercial unit and one residential dwelling. The building was built in 1927 and has been fully modernized. The 1030 Sterling Ave property is a 10,250 SF one and part two-story, masonry constructed mixed use building containing five commercial units and four residential dwellings. The buildings have been very well maintained and offer a rich blend of tudor style architectural details. These are ideal investment properties for an investor looking for a long-term hold in an irreplaceable location. Both properties benefit from the favorable Cook County mixed-use tax classification in which the properties are assessed at 10% of market value versus 25% for commercial buildings. This favorable tax treatment provides a competitive market rental rate advantage over the competition.



Full Features
Built: 1927
Parking Spaces: 5
Cooling System: Central Air,Central Individual,Window Unit/s
Stories: 2
Zoning: COMMR
Building Square Feet: 13,250
Current Net Income: $10,996


Taxes & Assessments
Taxes: $45,592

Listing Office: Sperry Van Ness

broker reciprocity

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Midwest Real Estate Data, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.


Flossmoor

Flossmoor is part of the South Suburbs. The south suburbs offer residents suburban living with convenient access to the city. Three communities within the area – Homewood, South Holland and Park Forest, have been recognized by Forbes Magazine as the…

Learn More


Nearby Public Transportation

Metra
Metra Electric Main Branch

at Flossmoor Metra (0.06 miles away)






1030 Sterling Street Flossmoor, Illinois 60422 is a commercial / mixed use property, currently listed at $1,325,000. Want to learn more about 1030 Sterling Street Flossmoor, Illinois 60422? Contact an @properties agent to request more info.


© 2017 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.