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4815 Butterfield Rd 7,600 SF 51% Leased Retail Building Hillside, IL 60162 $699,900 ($92.09/SF) 8.03% Cap Rate



Investment Highlights
- Fisrt Floor Retail With Second Floor Apartments
- Four Apartments Upstairs
- High Visibility on Butterfield Road
Executive Summary
This all brick mixed used building is perfect for an investor or an owner user. The first floor salon business and can either stay in place as a tenant or vacate for an owner user. The first floor can easily be divided into two separate units with separately metered gas and electric. It features high ceilings with exposed joists, vinyl flooring, exposed brick, a laundry room, break room, locker room and several storage rooms. There are four apartments upstairs - two one bedroom, one bath units in the front and two, two bedroom one bath units in the rear. Each apartment is separately metered for gas and electric and each has its own furnace and water heater. There is a full basement that is great for storage. The parking lot has room for approximately 20 cars.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,600 SF
Building Class
B
Year Built
1929
Price
$699,900
Price Per SF
$92.09
Cap Rate
8.03%
NOI
$56,170
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.24 AC
Zoning
COMMR - B1
Parking
20 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
46’ on Butterfield Rd
Amenities
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-18-211-037-0000 | Improvements Assessment | $72,260 |
| Land Assessment | $5,740 | Total Assessment | $78,000 |
Property Taxes
Parcel Number
15-18-211-037-0000
Land Assessment
$5,740
Improvements Assessment
$72,260
Total Assessment
$78,000
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4815 Butterfield Rd
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