Retail•Strip Center•For Sale

LINCOLNSHIRE COMMONS

1012 East Steger Road, Crete, Illinois 60417

Sale Price $881,000
Sale Type Investment
Bldg Type Multi-Tenant
Class B
Status Existing
Year Built 1984
Stories 1
Cap Rate 8.67%
Market Chicago
LINCOLNSHIRE COMMONS | Value-Add Center | 8.67% Cap
  • 10,200 SF VALUE-ADD RETAIL CENTER
  • Add-Value Opportunity & Cap Rate Growth w/ Significant Upside Through Leasing the Remaining Vacant Spaces
  • Two Vacant Units Providing 35% Upside
  • Internet Resistant
  • Outstanding Frontage, High Visibility Site & Easy Access Points
  • Ample Residential Rooftops Surround Site
  • Strong Daytime Population & Residential Density
  • Over 100,000 Residents Within Five Miles w/ An Average Household Income Of $71,210
  • Located 1 Mile West of the Calumet Expressway (I-394)
  • Priced Well-Below Replacement Cost at $86.37 Price Per SF
  • 8.67% Cap Rate
1/30/2020 12:00:00 AM 1/30/2020 7:49:08 PM
George Spirrison
Principle
Adelphia Properties
SEND ME A MESSAGE

SEND A MESSAGE

0/100
dummy toaster to trick _toastr script loaded by scripts.js Show Default