SVN proudly presents this excellent investment opportunity in business-friendly Oak Forest! This solid brick building has been cared for the past 20 years by ownership, the plaza is self managed, and they rarely raised rents. This property sits nicely on busy Cicero Ave, and has a large sign with great visibility on the main road. There are 21 parking spots, plus 1 disabled spot, and an unpaved lot in the rear to add more parking to the building. The lot is resealed every other year, and the roof has been cared for as needed, approximately 10 years old. TAKE ADVANTAGE of the far below market rents, raise them at your discretion, and reap the rewards! Many of these tenants have been at the center for years, and the landlords rarely (if ever) raised the rents. The center has a good mix of amenity and destination tenants loved by the community. Tenants are responsible for their own gas and electric bills (separately metered). Motivated sellers are ready to retire. This will be an awesome addition to any investors portfolio, do not pass up!
Based on information submitted to the MLS GRID as of 09/07/2024 10:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
