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Pacesetter Plaza 1000-1058 E 162nd St

33,654 SF 98% Leased Retail Building South Holland, IL 60473 $4,340,000 ($129/SF) 9% Cap Rate

Storefront Properties Illinois South Holland 1000-1058 E 162nd St, South Holland, IL 60473

Investment Highlights

  • Aggressive CAP rates
  • 98% occupied
  • Ample parking
  • Excellent Visibility with 33,600 VPD and Two Pylons
  • Over 30,000 visitors/month
  • Value add opportunities

Executive Summary

South Holland is a suburb of Chicago with a population of 21,677. South Holland is in Cook County. Living in South Holland offers residents a rural feel and most residents own their homes. In South Holland, there are a lot of parks. Many young professionals live in South Holland and residents tend to be liberal.

Attachments

Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
33,654 SF
Building Class
B
Year Built/Renovated
1965/2020
Price
$4,340,000
Price Per SF
$129
Cap Rate
9%
NOI
$390,600
Percent Leased
98%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
2.27 AC
Zoning
GB
Parking
140 Spaces (4.16 Spaces per 1,000 SF Leased)
Frontage
438 FT on E 162nd St

Amenities

  • Pylon Sign
  • Signage
  • Monument Signage
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Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Anytime Fitness
Harold's Chicken Shack
Jewel-Osco
ALDI
First Merchants Bank
Checkers
Chase Bank
Fifth Third Bank
Starbucks

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-14-317-031-0000
  • 29-14-317-032-0000
 Improvements Assessment $388,217
Land Assessment $182,007 Total Assessment $570,224

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-14-317-031-0000
  • 29-14-317-032-0000
Land Assessment
$182,007
Improvements Assessment
$388,217
Total Assessment
$570,224
(773) 531-6886

Contact

  • Listing ID: 33464195

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 1000-1058 E 162nd St, South Holland, IL 60473

More public record information on 1000-1058 E 162nd St, South Holland, IL 60473

The Retail Property at 1000-1058 E 162nd St, South Holland, IL 60473 is currently available for sale. Contact Colliers for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 1 of 10
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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 2 of 10
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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 3 of 10
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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 4 of 10
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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 5 of 10
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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 6 of 10
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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 7 of 10
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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 8 of 10
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1000-1058 E 162nd St, South Holland, IL for sale Building Photo- Image 9 of 10
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Pacesetter Plaza | 1000-1058 E 162nd St
(773) 531-6886 x

Pacesetter Plaza | 1000-1058 E 162nd St

Brad Belden

(773) 531-6886

(773) 531-6886

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