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171 E 154th St 12,000 SF 100% Leased Retail Building Harvey, IL 60426 $395,000 ($32.92/SF)
Investment Highlights
- Three Story, 11-Unit Mixed Use Property
- Value-add to complete the remaining 3rd floor
- Walking distance to CTA Train Station
- 3 Retail Units | 6 Occupied Residential Units
- Basement Storage | Building Signage
Executive Summary
SVN is pleased to present Beacon on 154 at 169-171 E. 154th Street and 15341 Center Avenue, an 11-unit, Mixed-Use Retail and Multi-Family property of approximately ±12,000 SF available in the heart of downtown Harvey, Illinois. Three (3) retail units are 100% occupied by Instant Tax Service, TruStar Beauty Bar & Suites, and EBJ Foundation resale store. Six (6) occupied Multi-Family units and value-add with completion of the remaining 2 units, third-floor units ±1,525 SF on the third floor, below market rents and transfer of unit utilities (individually metered) to existing tenants. Additional storage available in the basement.
Recent renovations include windows, plumbing, an exit stairway, a common area and roof improvements. The Pace bus stop is in front of the building and it is only a few blocks' walking distance to the Metra station. A new development corridor with a 52-unit apartment development called "Harvey Lofts" and the Harvey Police Department Sub Station steps away.
Recent renovations include windows, plumbing, an exit stairway, a common area and roof improvements. The Pace bus stop is in front of the building and it is only a few blocks' walking distance to the Metra station. A new development corridor with a 52-unit apartment development called "Harvey Lofts" and the Harvey Police Department Sub Station steps away.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,000 SF
Building Class
B
Year Built
1960
Price
$395,000
Price Per SF
$32.92
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.75
Lot Size
0.10 AC
Frontage
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-17-211-015-0000 | Improvements Assessment | $50,229 |
| Land Assessment | $1,162 | Total Assessment | $51,391 |
Property Taxes
Parcel Number
29-17-211-015-0000
Land Assessment
$1,162
Improvements Assessment
$50,229
Total Assessment
$51,391
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171 E 154th St
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