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16224 Prince Dr 3,800 SF Retail Building South Holland, IL 60473 $365,000 ($96.05/SF)
Investment Highlights
- Prime High-Traffic Location
- Additional Income Potential
- Business and equipment may be available separately.
- Flexible Multi-Use Layout
- Property offers flexibility for a variety of potential commercial uses subject to municipal approval
- Ideal opportunity for investors, owner-users, or developers looking to capitalize on a strategically located commercial site
Executive Summary
HIGH-VISIBILITY COMMERCIAL PROPERTY LOCATED JUST OFF I-94/ ROUTE 6 / 162ND STREET COMMERCIAL CORRIDOR!
Ideal opportunity for investors, owner-users, or developers looking to capitalize on a strategically located commercial site in a heavily traveled corridor surrounded by established businesses and strong commuter traffic. Excellent visibility and branding potential for a variety of commercial uses.
Property features an open-concept first floor with restroom, along with a unique loft-style upper level featuring two offices and an additional restroom. The upper level provides additional usable space with potential for office expansion, private suites, storage, creative workspace, or an additional income-producing opportunity depending on use and municipal approval. Elevator access provides added convenience and handicap accessibility.
Currently operating as a salon, the property offers flexibility for a variety of potential commercial uses subject to municipal approval. Business and equipment may be available separately. Contact listing agent for additional information and permitted use inquiries.
Ideal opportunity for investors, owner-users, or developers looking to capitalize on a strategically located commercial site in a heavily traveled corridor surrounded by established businesses and strong commuter traffic. Excellent visibility and branding potential for a variety of commercial uses.
Property features an open-concept first floor with restroom, along with a unique loft-style upper level featuring two offices and an additional restroom. The upper level provides additional usable space with potential for office expansion, private suites, storage, creative workspace, or an additional income-producing opportunity depending on use and municipal approval. Elevator access provides added convenience and handicap accessibility.
Currently operating as a salon, the property offers flexibility for a variety of potential commercial uses subject to municipal approval. Business and equipment may be available separately. Contact listing agent for additional information and permitted use inquiries.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,800 SF
Building Class
C
Year Built
1994
Price
$365,000
Price Per SF
$96.05
Tenancy
Single
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.08 AC
Zoning
Commercial - B2 Zoning
Parking
15 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
362’ on Prince Drive
Amenities
- Freeway Visibility
- Security System
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-23-202-026-0000 | Improvements Assessment | $57,775 |
| Land Assessment | $2,548 | Total Assessment | $60,323 |
Property Taxes
Parcel Number
29-23-202-026-0000
Land Assessment
$2,548
Improvements Assessment
$57,775
Total Assessment
$60,323
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16224 Prince Dr
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