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    109 Grand Avenue

    Melrose Park, IL 60164
    • $999,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 10768322
    $999,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,950
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    Auction! $999,000.00 is the minimum bid not the asking price. Six (6) retail units on a high traffic location. Leases ranging from 2019-2028 with long term stable tenant history. This property has a new parking lot (2019). All roof and mechanical's have been routinely maintained and/or updated in the last 5 years. During COVID-19, all tenants and rents are current. Four (4) of the Six (6) tenants have renewed leases. Two (2) of the tenants have gaming licenses which is an added tenant value for stability.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or O'Neil Property Group, LLC. Based on information submitted to the MRED as of 2020-09-22T23:50:42.793 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    109 Grand Avenue Melrose Park, IL 60164

    • Price: $999,000
    • Status: Active
    • MLS #: 10768322
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,950
    SQFT
    $144
    $/SQFT
    1961
    Built
    Neighborhood:
    Melrose Park
    County:
    Cook
    Area:
    Melrose Park
    Property Description
    Auction! $999,000.00 is the minimum bid not the asking price. Six (6) retail units on a high traffic location. Leases ranging from 2019-2028 with long term stable tenant history. This property has a new parking lot (2019). All roof and mechanical's have been routinely maintained and/or updated in the last 5 years. During COVID-19, all tenants and rents are current. Four (4) of the Six (6) tenants have renewed leases. Two (2) of the tenants have gaming licenses which is an added tenant value for stability.
    Exterior Features

    Construction BrickWood Frame Docks None Foundation Other Frontage Access Public RoadSignal Intersection Lot Dimensions 20397 SQ FT Lot Sq Ft 20397 Number Of TLDocks 0 Roof Coverings Membrane Roof Structure Flat

    Interior Features

    Air Conditioning Central AirCentral Individual Fire Protection Fire Extinguisher/S Floor Finish Other Miscellaneous Inside Multi-TenantPrivate Restroom/SPublic Restroom/SSkylight/S Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking Common ParkingPrivate Lot

    Property Features

    Current Use Commercial Electrical Service Other/Unknown Extra Storage Spaces Available YN No Gross Rental Income Amount 0 Heat Ventilation Central Heat/Indiv Controls Known Encumbrances None Known Max Avail Sq Ft Rentable 0 Min Avail Sq Ft Rentable 0 Net Oper Income Amount 95000 Number Of Tenants 6 Possession Closing Property Offered For Sale Only Tax Year 2019 Taxes 44538 Tenant Pays Air ConditioningElectricHeatInsuranceScavengerTax Stops Total Annual Exp 0 Total Annual Expense Source Owner Projection Total Annual Income 0 Township Leyden Unincorporated YN Yes Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Water Drainage Floor Drains Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Aw Properties Global/Auction Works.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or O'Neil Property Group, LLC. Based on information submitted to the MRED as of 2020-09-22T23:50:42.793 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    O'Neil Property Group, LLC
    135 E. Van Emmon St.
    Yorkville IL, 60560