Stickney, IL 60402 4425 Harlem Avenue

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Presented By: Avenue 1 Realty Group
  • MLS# 12115712
  • 07/19/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 6,970

Home Details

4425 South Harlem Avenue, a 10-unit mixed-use building located in Stickney, Illinois. The flexicore-constructed property consists of (6) 1-bed/1-bath units and (4) office suites. The offices are occupied by local service-oriented businesses. The apartment units feature individual HVAC systems, water heaters, and rooftop A/C units. One unit has been gut renovated with an in-unit washer and dryer, dishwasher, vinyl plank flooring, granite countertops, white shaker cabinets, stainless steel appliances and a new bathroom. The remaining units contain carpet and tile flooring, laminate countertops, and white kitchen cabinets. Residential tenants are responsible for their own heat and electricity. Recent capital improvements include a new tear-off roof, gutters, soffits, facia, rooftop A/C units, exterior staircases, and fire sprinkler system. Building amenities include a heated two-car garage, management office, master key entry, common area bathrooms, a pylon sign and 14 parking spaces. New ownership can increase cashflow by bringing rents to market, implementing a utility bill billing system (RUBS) for the office tenants and appealing the 2023 zoning back to a mixed-use classification (2022 zoning: 3-18 Mixed-use, 2023 zoning: 5-17 One story commercial).
Presented By: Avenue 1 Realty Group

General for 4425 Harlem Avenue

Additional Parcels Y/NNo
CityStickney
Construction MaterialsConcrete
CoolingWindow Unit(s)
CountyCook
Current UseCommercial
Days on Market57
DirectionsHarlem Ave south of Pershing Rd
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income138000
Insurance Expense5866
Lease TypeN/A
Lot Size Square Feet10873
MLS AreaStickney
Net Operating Income91801
NumberOfUnitsTotal11
Operating Expense46199
PossessionImmediate
Property SubTypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount30016
Tax Year2023
Tenant PaysHeat
TownshipStickney
Trash Expense864
Water Sewer Expense1705
Year Built1961
ZoningCOMMR

Exterior for 4425 Harlem Avenue

Building Area Total6970
ExteriorStucco
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions10873

Additional Details

Price History

Worth Clark

Price $1,400,000
MLS#12115712
List Date 07/19/2024
Property Type Commercial
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