$1,200,000
3921 W TOUHY Avenue Lincolnwood, IL 60712
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$1,200,000
Est. payment /mo
4,800 SqFt
Price Dropped by $10.8M
3921 W TOUHY Avenue Lincolnwood, IL 60712
UPDATED:
09/15/2024 08:00 AM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $250
MLS Listing ID 12158047
Year Built 1970
Annual Tax Amount $30,992
Tax Year 2023
Lot Dimensions 100X140
Property Description
**All units are fully leased!! Sales only!!** Don't miss this prime rental opportunity (B2 Zoning) on a high traffic area in Lincolnwood. The total rental space is 4,800 sq ft but it can be divided into 1600 sq ft each. The location is super. The population is so dense. There are 15K+ people living in 1 mile radius, 297K in 3 miles, and 809K in 5 miles!! Also, the neighborhood is great!! The average house income in the area is $100K+!! Another great opportunity of this area is that a huge mixed use residential complex called District 1860 will open this year at the intersection of Touhy and Lincoln Ave (only 0.6 miles away from this property). Once District 1860 is open, there will be heavier walking and car traffic at Touhy and drive more retail businesses. What about the demographic in this area? It is very diverse so you can have many great options to run a business instead of focusing on a specific ethnic group. The property is worry free because it was fully updated with new roof, new HVAC, new Water Heater, new electricity wiring, etc. It also comes with 15+ parking bays. The current condition of the property is a whitepaper. The next step for you is just coming to the property and draw your dream business in it! The seller/landlord is very open to negotiate TI or build out depending on lease or sales terms. What are you waiting for??
Location
State IL
County Cook
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sang Han • Platinum Partners Realtors
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