17100 Park AveSouth Holland, IL 60473

  • Other commercial real estate
  • 0.54 AC
For Sale

Property Details for 17100 Park Ave

Year built
2000
Lot size
0.54 AC
Property type
Other commercial real estate
APN
29-27-107-032
APU
2927107032

Description

This exceptional eight-unit shopping center is ideally situated on South Park Avenue in South Holland, Illinois, a high-traffic area. The property boasts approximately 41 parking spaces conveniently located both in front and behind the building, ensuring ample parking for tenants and customers. The center's prime location benefits from excellent visibility due to prominent signage. Its strategic placement within a block of a community center and high school guarantees a consistent flow of foot traffic and potential customers. The multi-tenant structure offers a diverse range of retail opportunities, currently occupied by eight established businesses. This presents a strong investment opportunity for those seeking a well-established retail property in a thriving community. The property is located at 17100 South Park Ave, South Holland, IL 60473, in Cook County. The property's address is easily accessible and highly visible, contributing to its strong commercial appeal. The combination of high traffic, ample parking, and proximity to community amenities makes this shopping center a compelling investment prospect. The property's eight units provide a diversified income stream, enhancing its overall value and stability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,664,263
    Hospitality
    $7,936,418
    Educational
    $6,603,006
    Medical
    $6,830,094
    Retail
    $10,271,344
17100 Park Ave, South Holland, Illinois

Location Insight

City
South Holland
County
Cook
State
Illinois
Latitude
41.5844
Longitude
-87.6078
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$28,604
$16,487
$31,979
$48,466
-
$65,948
$127,916
$193,864

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