All Categories
Properties

562 Torrence Ave, Calumet City, IL 60409

Facebook Twitter Whatsapp Facebook Twitter LinkedIn Pinterest WhatsApp Copy Link Your browser does not support automatic copying, please select and copy the link in the text box, then paste it where you need it.
ID: 14
562 Torrence Ave, Calumet City, IL 60409
Click to set as main image above. Click to set as main image above. Click to set as main image above. Click to set as main image above. Click to set as main image above.
Click smaller images to set as main image.
Click main image to enlarge for detailed viewing.
$2,125,000.00

(Currently Sold Out. Inquire for availability)
(Please Select All Required Options!)
Coming Soon
Property Description

Introducing an exceptional investment opportunity in 562-578 Torrance Ave, Calumet City, IL 60409!

This impressive property features a 10,000 sq. ft. building on a 30,049 sq. ft. lot, meticulously built in 2008/2009. Boasting a solid income stream with a gross yearly income of $221,232 and a yearly net operating income of $159,381 after expenses, this commercial business property with B zoning offers a reliable investment with room for growth. With nine units, of which only one is currently vacant, this property provides a stable tenant base and potential for increased revenue.

Whether you're looking to expand your portfolio or start your investment journey, this property is sure to impress. Don't miss out on this rare find in a prime location, offering both immediate returns and future potential. Take advantage of this opportunity to secure your financial future with 562-578 Torrance Ave!


BUILDING INFORMATION

  • 10,000
  • 10,000
  • 90%
  • 9
  • 2008
  • 1
  • 3,049
  • 50

PROPERTY TYPE

  • Retail
  • Shopping Center
  • B
  • Gross
  • Multi
  • Subway, boost Mobile
  • 9
  • 3 years
  • B
  • 100%

PRICING

  • $2,125,000
  • $25,000 min.
  • $212.50
  • 7.50%
  • 8.71%
  • $159,381
  • $185,000