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Acorn Plaza 4815 155th St 14,000 SF 96% Leased Retail Building Oak Forest, IL 60452 $850,000 ($60.71/SF) 8.56% Cap Rate



Executive Summary
SVN Chicago proudly presents this unique investment opportunity in business-friendly Oak Forest, IL. This affordable yet profitable strip center is anchored by a historic day care center and houses other popular destination tenants for the area. Located near the stoplight intersection and just off the main road, allows businesses the opportunity to take advantage of the high traffic area, while also having privacy and ease of operation.
The parking lot and building were cared for well over the years, with many upgrades in the last 5 years. The building is brick and concrete construction with a flat vinyl roof. Utilities are shared amongst the tenants; there are 2 egress points and an outdoor play area for the daycare. With below-market rents and minimal expenses, this property can be a cash cow for the right investor with the right vision. Do not pass up, call today!
From the intersection of 155th St and Cicero Ave, head west 1 block. The building is on the north side of the street.
The parking lot and building were cared for well over the years, with many upgrades in the last 5 years. The building is brick and concrete construction with a flat vinyl roof. Utilities are shared amongst the tenants; there are 2 egress points and an outdoor play area for the daycare. With below-market rents and minimal expenses, this property can be a cash cow for the right investor with the right vision. Do not pass up, call today!
From the intersection of 155th St and Cicero Ave, head west 1 block. The building is on the north side of the street.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
14,000 SF
Building Class
C
Year Built
1977
Price
$850,000
Price Per SF
$60.71
Cap Rate
8.56%
NOI
$72,745
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.36 AC
Zoning
C3
Parking
20 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
149’ on 155th St
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| C | 500 SF | Retail | - | Now |
C
| Size |
| 500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
C
| Size | 500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-16-403-025-0000 | Improvements Assessment | $77,706 |
| Land Assessment | $28,688 | Total Assessment | $106,394 |
Property Taxes
Parcel Number
28-16-403-025-0000
Land Assessment
$28,688
Improvements Assessment
$77,706
Total Assessment
$106,394
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Acorn Plaza | 4815 155th St
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