Richton Park, IL 60471 3911 Sauk Trail

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Presented By: xr realty
  • MLS# 12189400
  • 10/15/2024
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  • SQFT • 8,456

Home Details

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.
Presented By: xr realty

General for 3911 Sauk Trail

Additional Parcels Y/NNo
Business TypeRetail
CityRichton Park
Construction MaterialsConcrete, Block, Brick
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsTAKE SAUK TRAIL TO RICHTON ROAD AND TURN SOUTH INTO PARKING LOT
ElectricPower - 240V
Electric Expense495
Fuel Expense1100
Gross Income92088
Insurance Expense2800
Leasable Area8467
Lot Size Square Feet29208
MLS AreaRichton Park
Net Operating Income14935
Number Of Units Total6
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusPrice Change
Stories1
Tax Annual Amount69652.9
Tax Year2023
Water Sewer Expense525
Year Built1990
ZoningCOMMR

Exterior for 3911 Sauk Trail

Building Area Total8456
Foundation DetailsConcrete Perimeter
Lot Dimensions187' X 182' X 114' X 192'

Additional Details

Price History

Client Care

Price $383,900
MLS#12189400
List Date 10/15/2024
Property Type Commercial
Phone 847.485.2500
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