5860 W 87th St | Burbank, IL 60459
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5860 W 87th St
Burbank, IL 60459
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freestanding Automotive Dealership Located within 5 Miles of Chicago Midway International Airport | Hard Corner Location on 0.43 Acres in Dense Metro
- In 2017, There was Completely Remodeled – New Parking Lot, Dry Wall, Electrical & Floor, and High-End Garage Door, Drop Ceiling Glass Doors/Windows
- 2-Unit Operator | Tenant Responsible for Roof & Structure, Insurance, Maintains CAM Directly, and Pays Monthly Installments of Taxes
- 4.5 Years Remaining on Very Landlord Friendly NNN Lease with 2.5% Annual Rent Increases with Auto Mode USA, LLC
- Remodel was Followed by a new HVAC Installed in 2019
- Located in a High Traffic Corridor on 87th Street with 25,800 Cars per Day | With Access to Ridgeland Ave. and Central Ave. With 38,300 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,674 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.43 AC
Zoning
C, Chicago
Parking
12 Spaces (7.17 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 19-32-422-023-0000 | Improvements Assessment | $7,140 |
| Land Assessment | $74,152 | Total Assessment | $81,292 |
PROPERTY TAXES
Parcel Number
19-32-422-023-0000
Land Assessment
$74,152
Improvements Assessment
$7,140
Total Assessment
$81,292
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