For Sale
$1,550,000

430-438 34Th St Steger, IL 60475

Fully occupied, high-income retail center.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a fully occupied, single-story retail strip center located at 430-438 W 34th Street, Steger, Illinois, 60475. The property boasts a substantial 60,750 square foot lot, providing ample parking for patrons. Currently housing five long-term tenants (with leases exceeding 20 years), this center generates a steady income stream. The tenant mix includes a convenient store, laundromat, barbershop, pub, and carry-out restaurant, catering to the surrounding residential area. Its prime location ensures high foot traffic and convenient access for residents. The building features a newer roof, minimizing maintenance concerns. The asking price for this exceptional property is $1,550,000. This is a rare opportunity to acquire a stable, high-performing retail investment in a thriving community. Please note that the tenants should not be disturbed.

Highlights

  • $1,550,000 asking price.
  • 60,750 square foot lot.
  • Retail property with land in Steger, IL.
  • Fully occupied, five-unit strip center with long-term tenants (20+ years).
  • Excellent mix of service-oriented tenants including a convenience store, laundromat, barbershop, pub, and carry-out restaurant.
  • Ample parking.

Property Details for 430-438 34Th St

Property type
Retail properties, Land

Location Insight

City
Steger
County
Will
State
Illinois
Latitude
41.4694743
Longitude
-87.6517709
430-438 34Th St, Steger, Illinois

FAQs

What type of property is this?
Retail property - Fully occupied, high-income retail center.
Where is the retail property 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.
What are key features of this property?
This property features: $1,550,000 asking price.; 60,750 square foot lot.; Retail property with land in Steger, IL.
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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