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350 E 162nd St
South Holland, IL 60473
J.P Morgan Chase Anchored 2-Tenant Center · Retail Property For Sale
Investment Highlights
- RARE JP MORGAN CHASE ANCHORED CENTER WITH STRONG DEPOSIT BASE (20% DEPOSIT INCREASE SINCE 2016)
- AFFLUENT DEMOGRAPHICS: AVERAGE HOUSEHOLD INCOME EXCEEDS $79,000 IN A ONE MILE RADIUS
- SITUATED IN BETWEEN A PANERA BREAD ANCHORED SHOPPING CENTER AND A WALGREENS
- OVER 256,400 RESIDENTS IN THE MARKET AREA
- SHORT 20 MINUTE DRIVE TO DOWNTOWN CHICAGO
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
6,000 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.57 AC
Zoning
PC; South Holland
Parking
25 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
201’ on 162nd
Amenities
- Bus Line
- Pylon Sign
- Signage
About 350 E 162ND ST , SOUTH HOLLAND, IL 60473
The subject property consists of a 6,000 square foot retail space with ample parking on a .57-acre parcel. Currently leased by JP Morgan Chase and CD One Price Cleaners, this center is strategically located at East 162 Street and South Park Avenue with combined traffic counts in excess of 37,561 vehicles per day. The immediate area benefits from over 256,400 full time residences with a house hold income exceeding $79,000 per year. The subject property is situated in between a Panera anchored Shopping center and a Walgreens. There are numerous National and Regional retailers in the immediate area including UPS, Burger King, Starbucks, Dunkin Donuts, T Mobile, State Farm and MB Financial to name a few.
Property Taxes
| Parcel Number | 29-15-308-070-0000 | Improvements Assessment | $98,428 |
| Land Assessment | $18,537 | Total Assessment | $116,965 |
Property Taxes
Parcel Number
29-15-308-070-0000
Land Assessment
$18,537
Improvements Assessment
$98,428
Total Assessment
$116,965
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