Flossmoor, IL 60422 1030 Sterling Avenue

1030 Sterling Avenue Flossmoor, IL - Image 11030 Sterling Avenue Flossmoor, IL - Image 2
Presented By: Keller Williams Preferred Rlty
  • MLS# 12127481
  • 08/09/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 10,110

Home Details

Two mixed-use properties for sale in t he heart of Flossmoor's central business district. The large corner clock tower building (1030-1032 Sterling) has 5 retail tenants and 4 very desireable apartments - all fully rented and pay their own electric and gas. Heat is suppied by the owner. There are 3 separate basements in the corner building - 1 houses the electric meters and boiler for all 4 apartments and 3 of the retail units. 2 retail tenants have central heat and AC. The 2nd basement has 2 coin operated washers and 2 dryers with additional room for storage. 3rd basement is currently rented out to the restaurant across the street for storage. The 2nd mixed use building (1036 Sterling) offers (1} 1700 SF retail unit and 1 large 2-bedroom apartment, with in-unit laundry and 2 car detached garage (currently rented on a MTM basis), and is currently available for an owner/user to occupy. 1036 Retail unit has central heat and AC and the apartment has hot water radiators and window AC units. Both units pay all utilities, including water. These buildings offer a prime location across from the commuters metra station, an award winning micro brewery, restaurants & boutique shops. This is a very special property for your most very special investors!
Presented By: Keller Williams Preferred Rlty

General for 1030 Sterling Avenue

Additional Parcels Y/NYes
CityFlossmoor
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
Current UseCommercial
Days on Market9
DirectionsEast of Gov. Hwy on Floss Rd to Sterling Ave N to Property. Across the St. from METRA Station.
ElectricCircuit Breakers, Separate Meters
Electric Expense390
Fuel Expense7200
Gross Income263067
Insurance Expense9800
Lease TypeGross
Lot Size Square Feet6618
MLS AreaFlossmoor
Net Operating Income175553
NumberOfUnitsTotal9
Operating Expense78514
PossessionClosing, Tenant's Rights
Possible UseCommercial, Office and Research, Multi-Family, Retail, Other
Property SubTypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount42552
Tax Year2023
Tenant PaysVaries by Tenant
TownshipRich
Trash Expense2412
UtilitiesElectric to Site, Gas to Site, Water-Municipal
Water Sewer Expense5000
Year Built1934
ZoningCOMMR

Exterior for 1030 Sterling Avenue

Building Area Total10110
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions51X125X52X132

Additional Details

Price History

Worth Clark

Price $2,100,000
MLS#12127481
List Date 08/09/2024
Property Type Commercial
Phone
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 1030 Sterling Avenue