The property
Executive summary
IMMEDIATE CASH FLOW ON DAY 1 FROM THIS INCOME-PRODUCING, EASY MONEY ARM-CHAIR INVESTMENT BUILDING! FULLY LEASED, 3-UNIT COMMERCIAL RETAIL STRIP CENTER IN THE HIGH-TRAFFIC, VIBRANT CHICAGO NEIGHBORHOOD OF MERRIONETTE PARK! THE PROPERTY DELIVERS STEADY CASH FLOW FROM ESTABLISHED, LONG-TERM TENANTS AND BENEFITS FROM EXCELLENT VISIBILITY AND STRONG COMMERCIAL DEMAND. ON-SITE PARKING. ALL UNITS HAVE RECENTLY BEEN UPGRADED. THE INSURANCE OFFICE HAS ITS OWN A/C SYSTEM. ALL ARE SUCCESSFUL, STABLE OPERATORS. KEY RECENT CAPITAL IMPROVEMENTS INCLUDE A ROOF REPLACED TWO YEARS AGO AND THREE OF THE FOUR SLEEVE A/C UNITS WERE INSTALLED IN 2024/2025. MONTHLY ASSOCIATION ASSESSMENT IS $815 AND COVERS EXTERIOR MAINTENANCE (ROOF, GUTTERS, BRICK, LANDSCAPING, AND SNOW REMOVAL), COMMON AREA INTERIOR PLUMBING, AND BOILER, AND THE HOT WATER HEATER. ALL HOT WATER TANKS WERE REPLACED APPROXIMATELY THREE YEARS AGO. THE MEDICAL SUITE INCLUDES THE 11101 S. ST. LOUIS ADDRESS AND FACES WEST. EACH UNIT FEATURES A DOUBLE ENTRANCE AND IS DIVISIBLE, OFFERING FLEXIBILITY FOR FUTURE RECONFIGURATION. CALL TODAY FOR FINANCIALS AND TO SCHEDULE A TOUR OF THIS INCOME PRODUCER IN ONE OF CHICAGO'S MOST ACTIVE NEIGHBORHOOD COMMERCIAL CORRIDORS.