3333 95Th StEvergreen Park, IL 60805

Property Details for 3333 95Th St

Year built

1939

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.08 AC

Property size (Sq ft)

4,048 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

24-11-203-009

APU

2411203009

Description

This exceptional retail property, located at 3333 W 95th St, presents a unique investment opportunity. The building, constructed in 1939, boasts a total of 4,048 square feet across two stories, with the entire space currently vacant. The flexible layout allows for a variety of uses, accommodating retail, office, or mixed-use configurations, as reflected in its C1 zoning. The property sits on a 3,692 square foot lot and includes 16 parking spaces, a significant advantage for customers and employees. The main floor offers a 2,000 square foot "vanilla box" space, ideal for customization, currently listed at a monthly rent of $3,333.33. A 1,400 square foot basement is also available, renting for $583.33 per month. Improvements are underway, including the installation of a restroom, HVAC system upgrades, and fresh paint throughout the building. Easy access is provided via a lockbox. The property's APN is 24112030090000. This is a rare chance to acquire a well-located, adaptable retail space with significant upside potential in a desirable area. The property is ready for immediate occupancy and customization to suit a variety of business needs. The combination of ample space, convenient parking, and ongoing improvements makes this an attractive proposition for discerning investors and entrepreneurs.

• CAP approach

  CAP return

  Valuation

  6%

  $1,613,131

  6.5%

  $1,489,044

  7%

  $1,382,683

• Comparable approach

  Method

  Valuation

  Relative Method

  $817,241

  Geo Method

  $817,241

• Alternative Use

  Use

  Valuation

  Residential

  $1,489,044

  Hospitality

  $1,363,956

  Educational

  $1,134,795

  Medical

  $1,173,823

  Retail

  $1,765,237

Location Insight

City

Evergreen Park

County

Cook

State

Illinois

Latitude

41.7204

Longitude

-87.7057

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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