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Cecil Sabu

csabu@allure.realestate +1(312) 772-2820

$ 1,379,900

Est. payment -/mo

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Active

4425 Harlem AVE Stickney, IL 60402

6,970 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,970 sqft

Price per Sqft $197

MLS Listing ID 12382083

Year Built 1961

Annual Tax Amount $30,016

Tax Year 2023

Lot Dimensions 10873

Property Sub-Type Mixed Use

Property Description

Exceptional Investment Opportunity - 11-Unit Mixed-Use Building in Stickney, IL. This building is a well-maintained, flexicore-constructed 11-unit mixed-use asset. This versatile property features six (6) residential 1-bedroom, 1-bathroom apartments and four to five (4-5) office suites, The building includes a secure, income-producing tenant who intends to remain for the foreseeable future. The residential units are separately metered, each equipped with individual HVAC systems, water heaters, and rooftop A/C units. One apartment has been fully renovated with premium finishes, including an in-unit washer and dryer, stainless steel appliances, white shaker cabinetry, granite countertops, vinyl plank flooring, and a modernized bathroom-providing a strong model unit for potential rent increases. The remaining apartments offer a mix of carpet and tile flooring, laminate countertops, and white kitchen cabinetry, allowing for value-add potential through interior upgrades. Recent capital improvements enhance the building's longevity and tenant appeal, including a new tear-off roof, gutters, soffits, fascia, rooftop A/C units, exterior staircases, and a fire sprinkler system. Property amenities include a heated two-car garage, on-site management office, master key entry system, common area restrooms, a prominent pylon sign, and 14 dedicated parking spaces. The residential tenants are currently paying their own heat and electricity, there is immediate upside for investors through rent increases, implementation of a RUBS program for the office tenants, and restoration of the property's original mixed-use zoning classification (2022: 3-18 Mixed-Use; 2023: 5-17 One-Story Commercial). This is a rare chance to acquire a stable, income-generating property with multiple value-add strategies and strong long-term growth potential. Don't miss the opportunity to invest in one of Stickney's most strategic mixed-use assets!

Location

State IL

County Cook

Area Stickney

Zoning COMMR

Interior

Cooling Central Air, Wall Sleeve

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick,Concrete,Stucco

Listed by Emmanuel Nevarez of Midwest SignatureProperties Co

SCHOOLSPROPERTIES

Elementary Schools 20

9

Central Elementary School

Public | KG - 5
8

A F Ames Elementary School

Public | KG - 5
8

Kinzie Elementary School

Public | KG - 8
8

Twain Elementary School

Public | PK - 8
7

Dr Donald Wharton Elementary School

Public | 5 - 5
7

Dore Elementary School

Public | PK - 8
7

Grimes Elementary School

Public | PK - 8
6

Hollywood Elementary School

Public | PK - 5
6

Blythe Park Elementary School

Public | KG - 5
6

Piper School

Public | KG - 5
6

Hale Elementary School

Public | KG - 8
6

Charles J Sahs Elementary School

Public | PK - 8
5

Komarek Elementary School

Public | PK - 8
5

Lincoln Elementary School

Public | PK - 5
5

J W Robinson Jr Elementary School

Public | PK - 5
5

Byrne Elementary School

Public | KG - 8
5

Pershing Elementary School

Public | KG - 5
5

Edison Elementary School

Public | PK - 5
5

Abe Lincoln Elementary School

Public | PK - 6
4

Costello School

Public | PK - 5

Middle Schools 6

8

L J Hauser Jr High School

Public | 6 - 8
6

Heritage Middle School

Public | 6 - 8
5

Washington Middle School

Public | 6 - 8
4

Heritage Middle School

Public | 6 - 8
4

Freedom Middle School

Public | 6 - 8
3

Unity Jr High School

Public | 7 - 8

High Schools 7

10

Riverside Brookfield Township High School

Public | 9 - 12
5

Argo Community High School

Public | 9 - 12
3

J Sterling Morton West High School

Public | 9 - 12
3

Kennedy High School

Public | 9 - 12
1

J Sterling Morton East High School

Public | 10 - 12
0

Morton Alternative Schools

Public | 9 - 12
0

J Sterling Morton Alternative School

Public | 9 - 12

School and business data provided by Attom Data.

Cecil Sabu

Designated Managing Broker & Loan Originator | License ID: 471.019943 | NMLS ID: 2111992

+1(312) 772-2820

Cecil Sabu

4425 Harlem AVE Stickney, IL 60402

Key Details

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4425 Harlem AVE