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2626 Flossmoor Rd 6,251 SF 100% Leased Retail Building Flossmoor, IL 60422 $790,000 ($126.38/SF) 6.84% Cap Rate



Investment Highlights
- Diverse retail opportunities
- High visibility
- Zoned B-2
- Strong traffic counts
- Ample parking
- 6,250 SF building 3 units (1 commercial space and 2 residential units)
Executive Summary
Amazing Mixed-use investment opportunity in Flossmoor. Considered one of Chicago's best suburbs! Approx. 2900sqft ground floor commercial space plus two 2nd Floor - 3 bedroom/1.1 bath units with hardwood flooring, in-unit laundry, central air and a 24x16 terrace. 10 parking spaces! Steps to downtown Flossmoor, shopping, Metra train station and more. New residential development going up across the street!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,251 SF
Building Class
C
Year Built/Renovated
1970/2001
Price
$790,000
Price Per SF
$126.38
Cap Rate
6.84%
NOI
$54,036
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.03
Lot Size
0.14 AC
Zoning
B2 - Community Business
This building is slotted to be included in a Brand New TIF (tax increment financing) district.
Parking
10 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
50’ on Flossmoor Road
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-12-202-061-0000 | Improvements Assessment | $86,057 |
| Land Assessment | $7,031 | Total Assessment | $93,088 |
Property Taxes
Parcel Number
31-12-202-061-0000
Land Assessment
$7,031
Improvements Assessment
$86,057
Total Assessment
$93,088
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2626 Flossmoor Rd
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