For Sale
$1,550,000

430-438 34Th St Steger, IL 60475

Five-Store Center, Steady Income, High Occupancy

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a fully occupied, single-story strip center located at 430-438 W 34th Street in Steger, Illinois. Boasting a substantial 11,300 square feet, this property offers a consistent and reliable income stream thanks to its five long-term tenants, many of whom have occupied the space for over 20 years. The diverse tenant mix includes a convenient store, laundromat, barbershop, pub, and carry-out restaurant, catering to the surrounding residential community. The property's convenient location within walking distance of residential areas ensures high foot traffic and accessibility for patrons. The building features a newer roof and benefits from an expansive parking lot, providing ample space for customers. The property is situated on a 0-acre lot. This is a turnkey investment opportunity with a proven track record of success, offering a strong return on investment for the discerning buyer. The current asking price is $1,550,000. This is an excellent addition to any commercial real estate portfolio. Please note that tenants should not be disturbed.

Property Details for 430-438 34Th St

Property type
Commercial real estate
Square Feet
11,300 SF

Location Insight

City
Steger
County
Will
State
Illinois
Latitude
41.46942
Longitude
-87.65173

FAQs

What type of property is this?
Commercial real estate - Five-Store Center, Steady Income, High Occupancy
Where is the commercial real estate located?
The property is located at 430-438 34Th St Steger, IL.
What is the asking price?
The asking price for this property is $1,550,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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430-438 34Th St
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