Log In/Sign Up
Your email has been sent.
California Plaza Mall 2801-2813 W 147th St 8,000 SF 100% Leased Retail Building Posen, IL 60469 $799,900 ($99.99/SF) 18.75% Cap Rate
Investment Highlights
- Five-unit retail property situated on a 24,000-SF parcel
- Located on a high-visibility commercial corridor with street frontage and tenant signage opportunities.
- Features on-site parking with convenient access from Route 83 and W. 147th Street.
- All-brick neighborhood shopping center totaling approximately 8,000 SF.
Executive Summary
An 8,000-square-foot neighborhood shopping center located at 2801 W. 147th St. in Posen, Illinois has been listed for sale at $799,900. The all-brick retail property features five storefront units on approximately 24,000 square feet of land and is being marketed as a value-add investment opportunity with three current vacancies and future income growth potential through lease-up and rent increases.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,000 SF
Building Class
B
Year Built
2006
Price
$799,900
Price Per SF
$99.99
Cap Rate
18.75%
NOI
$150,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
B1
Parking
30 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $164,000 (2025) | |
| Land Assessment | $43,932 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $120,068 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$43,932 (2025)
Improvements Assessment
$120,068 (2025)
Total Assessment
$164,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
California Plaza Mall | 2801-2813 W 147th St