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6601 W 111th St
Worth, IL 60482
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Prominent Location with Frontage (108 Feet) along 111th Street
  • High Traffic Area, Located on 111th Street With a Traffic Count of 28,000 Vehicles Daily
  • Average Annual Household Income of $88,320 in Three Miles of Subject Property, and Expected to Reach Approx. $100,000 by 2026
  • High Profile Corner Intersection (111th Street & Tri-State Tollway 294)
  • Zoned B-2 (General Business District, which allows for a variety of uses)

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY
The JonBerg Group, in cooperation with The Rice Team of Baird & Warner Real Estate, Inc., has been exclusively engaged to solicit offers to purchase the fee simple interest of the subject property located at 6601/6603 West 111th Street, Worth, IL 60482 (the "Property"). This well-maintained one-story commercial property, located in a prime Worth area, offers an exceptional opportunity for a variety of business ventures. The building sits on an approximately 120' x 108' lot and consists of a spacious ±4,375 sq ft store, a ±2,500 sq ft shop, and a ±1,750 sq ft basement. The layout provides ample space for retail, manufacturing, or storage, making it an ideal location for businesses seeking flexibility and visibility. *** Property boasts ±108’ of frontage on 111th Street with the traffic counts exceeding 27,000 VPD! The store and shop feature a ceiling height of approximately 14', while the basement offers a ceiling height of 10', providing comfortable and functional space for a range of operations. The building is topped with durable architectural shingles, ensuring longevity and minimal maintenance. In addition, there are 22 parking spaces available for both customers and employees, enhancing convenience and accessibility. The property is zoned B-2 General Business District, situated in a mixed commercial and residential city setting, and allows for various commercial uses. It is equipped with 200 AMP 3-phase electrical service in the store and 400 AMP 3-phase power in the shop, making it suitable for businesses requiring substantial electrical capacity. Originally built in 1990, this property offers strong potential for growth and success. This property is an excellent opportunity for businesses looking to establish or expand in a highly visible and well-connected location in Worth, Illinois.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,102 SF
Building Class
C
Year Built
1990
Price
$989,000
Price Per SF
$122.07
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Lot Size
0.30 AC
Zoning
B-2 - B-2 (General Business District)
Parking
22 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
108’ on 111th Street

AMENITIES

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-19-213-026-0000
Land Assessment
$48,158
Improvements Assessment
$119,650
Total Assessment
$167,808
  • Listing ID: 34167447

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 6601 W 111th St, Worth, IL 60482

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