$500,000
$650,000
23.1%For more information regarding the value of a property, please contact us for a free consultation.
9146 Broadway Avenue Brookfield, IL 60513
10,300 SqFt
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
Read Less
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Antonino Mule • USA Real Estate LTD