1012-1040 E Steger Rd, Crete, IL
Retail for Sale - $881,000 - 10,200 Sq. Ft. on 2 acres
Property Info
| CIMLS# | 1066786 |
| Location 1012-1040 E Steger Rd Crete IL 60417 | |
| Updated | December 28th, 2020 |
| Type | Retail |
| Price | $881,000 |
| Building | 10,200 Sq. Ft. |
| Land | 2 acres |
Property Description
10,200 SF VALUE-ADD RETAIL CENTER
* Add-Value Opportunity & Cap Rate Growth w/ Significant Upside Through Leasing the Remaining Vacant Spaces
* Two Vacant Units Providing 35% Upside
* Internet Resistant
* Outstanding Frontage, High Visibility Site & Easy Access Points
* Ample Residential Rooftops Surround Site
* Strong Daytime Population & Residential Density
* Over 100,000 Residents Within Five Miles w/ An Average Household Income Of $71,210
* Located 1 Mile West of the Calumet Expressway (I-394)
* Priced Well-Below Replacement Cost at $86.37 Price Per SF
* 8.67% Cap Rate
