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6455 W 111th Street Worth, IL $ 2,400,000
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$ 2,400,000 Get more info
6455 W 111th Street
$ 2,400,000
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6455 W 111th Street

Worth, IL, 60482
$ 2,400,000
Baths0.0 Sq 14,440

Monthly Estimate*

$ 16,765

6455 W 111th Street, Worth, IL 60482 - Image 1
Studio

Commercial Property for sale in Worth, IL

for $2,400,000. This 14,440 square foot building was built in 1984 on a lot size of 1.25803.

Welcome to Worth Plaza, where automotive excellence meets prime retail opportunity! Nestled along the bustling thoroughfare of 111th Street, our vibrant retail center commands attention with an impressive daily traffic count of 27,000 cars. This thriving hub is meticulously designed to cater to automotive enthusiasts and beyond. Boasting a fully leased environment, each storefront within the center represents a dynamic blend of automotive services, from top-tier repair and maintenance facilities to specialty automotive retail shops. Investors seeking a lucrative opportunity need look no further, as Worth Plaza] presents a compelling proposition with a competitive 7.5% capitalization rate. With a diverse array of tenants and a strategic location that guarantees continuous income, this investment promises steady returns and long-term growth potential.

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Commercial Active

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 140,856

Style

Commercial

Lot Size

1.25803

Year Built

1984

Town/City

Worth

County/Region

Cook

MLS | Web ID

11622851
Features
General
Cooling None
Possession Closing
Zoning COMMR
Year Built 1984
Electric Circuit Breakers
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Scavenger Sewer
Stories 1
Township Worth
Property SubType Automotive Strip Center
Tax Year 2021
Current Use Commercial
Gross Income 367980
County Cook
Net Operating Income 183144
Operating Expense 43980
Property Type Commercial Sale Retail/Stores
Status Active
Directions Take Ridgeland to 111th Street go west to property
City Worth
Total Units 6
MLS Area Worth
Lot Size Square Feet 54800
Street Name 111th
Tax Annual Amount 140856
Additional Parcels Y/N Y
Leasable Area 14440
Days on Market 599
Lease Type Net
Standard Status Active
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Exterior
Building Area Total 14440
Lot Dimensions 200X274
Frontage Type City Street
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Interior
Street Suffix Street
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* Excluded Features
List By
Century 21 Circle

Broker

georgeventurella@gmail.com

Email

Affordability Calculator

$28,503
Per Month
59%
41%
0%
Monthly Principal & Interest
$16,765
Monthly Property Taxes
$11,738
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/23/2024$2,400,000 -14.82% Price Down
9/7/2022$2,817,400 Listed Price

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6455 W 111th Street, Worth, IL, 60482 is a Commercial Property for sale at $2,400,000 with 14,440 sqft and a lot size of 1.25803. 6455 W 111th Street is a studio with 0.0 baths and was built in 1984. The property's zip code is 60482 which is in Worth, IL

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