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16421-16431 S Halsted St

7,800 SF 69% Leased Retail Building Harvey, IL 60426 $349,000 ($45/SF)

Storefront Properties Illinois Harvey 16421-16431 S Halsted St, Harvey, IL 60426

Investment Highlights

  • Center is 69% occupied with two suites (2,400 SF) available for lease
  • Well-maintained center offers ample parking and prominent signage
  • Remarkable 19,200 traffic count and exceptional visibility
  • Located 5 minutes north of the new Wind Creek Chicago Southland Hotel & Casino, bringing jobs and tourism to the area

Executive Summary

Introducing a retail investment opportunity at 16421-16431 South Halsted St., Harvey, IL. This 7,800 SF retail center, built in 1980, is 69% occupied, with two suites, 2,400 SF, available for lease. Strategically situated on the bustling Halsted St, just north of the I-80/294 expressway, this property enjoys exceptional visibility and a remarkable 19,200 traffic count. With ample parking, prominent signage and a location just minutes away from the new Wind Creek Chicago Southland Hotel & Casino, this property is perfectly positioned to capitalize on the area's growth potential.

Attachments

Carolyns Shopping Center _ Sale Flyer _ 11-20-24

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,800 SF
Building Class
C
Year Built
1980
Price
$349,000
Price Per SF
$45
Percent Leased
69%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Land Acres
0.45 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-2
Parking
19 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
163 FT on Halsted St

Amenities

  • Pylon Sign
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PROPERTY TAXES

Parcel Number 29-21-303-045-0000 Improvements Assessment $88,830
Land Assessment $13,913 Total Assessment $102,743

PROPERTY TAXES

Parcel Number
29-21-303-045-0000
Land Assessment
$13,913
Improvements Assessment
$88,830
Total Assessment
$102,743
(708) 333-8338

  • Listing ID: 33626538

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 16421-16431 S Halsted St, Harvey, IL 60426

More public record information on 16421-16431 S Halsted St, Harvey, IL 60426

The Retail Property at 16421-16431 S Halsted St, Harvey, IL 60426 is currently available For Sale. Contact LM Commercial Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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16421-16431 S Halsted St
(708) 333-8338 x

16421-16431 S Halsted St

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Martha Winter

(708) 333-8338

(708) 333-8338

Gwen Lampert

(708) 333-8338

(708) 333-8338

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