Brookfield, IL 60513,9146 Broadway Avenue
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Brookfield, IL 60513,9146 Broadway Avenue
Brookfield, IL 60513,9146 Broadway Avenue
Brookfield, IL 60513,9146 Broadway Avenue
Brookfield, IL 60513,9146 Broadway Avenue

$500,000

Est. payment /mo

$650,000

23.1%
Est.Price: ?

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9146 Broadway Avenue Brookfield, IL 60513

10,300 SqFt

SOLD DATE : 02/29/2024

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 10,300 sqft

Price per Sqft $48

MLS Listing ID 11825631

Sold Date 02/29/24

Year Built 1947

Annual Tax Amount $28,448

Tax Year 2021

Lot Dimensions 9241

Property Description

9146-9150 Broadway Avenue is an excellent value-add redevelopment opportunity! Located in the Brookfield 8 Corners TIF District! Desirable C-3 Brookfield zoning. Two adjacent buildings for sale together as a package deal by long-term owner. The first building is 9150 Broadway, which is an approximate 6,000-sf one story, owner-occupied True Value store. The store can be repurposed for a general commercial use or re-opened as a hardware store. There is an approximate 1,300-sf rear garage behind the two story mixed use building. The one story portion wraps around the two-story component and there is direct access from the store to the rear garage. There is a drive-in door along the rear alleyway There is an additional vacant storefront to the rear along Maple Avenue. The property features a partial unfinished basement. The second building is 9146 Broadway Avenue. This is an approximate 4,300-sf, two story mixed use building with a dental unit on first floor and a two bedroom apartment apartment above. Both units are on month-to-month leases. Gross income for both units is $2,300 per month (below market rents). Owner covers all expenses. Great opportunity for new owner to extinguish leases, renovate and re-tenant at much higher market rents. Residential tenant is a very long term tenant. Excellent opportunity for investor to renovate and re-tenant with higher rents. The location next to downtown Brookfield and Metra station makes this an ideal opportunity for many local tenants!

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

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Listed by Antonino Mule • USA Real Estate LTD
Bought with Antonino Mule • USA Real Estate LTD

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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