A rare opportunity to acquire a high-performing mixed-use investment in the heart of the Village of Norridge, IL. This three-building portfolio features a healthy mix of residential and retail tenants, with strong cash flow and clear value-add potential. 16 Apartments: (8 two-bedroom, 8 one-bedroom) 8 Retail Units (ground floor) 21,000 SF Free-Standing Retail Building 15,000 SF main floor (w/6,000 SF basement with racking-height ceilings) Ample on-site parking
Property Details
Price:
$4,900,000
MLS #:
MRD11791458
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
norridge
Listed Date:
May 23, 2023
Total Sq Ft:
47,792
Year Built:
1960
Schools
Interior
Cooling
Central Individual, Wall Sleeve
Exterior
Construction Materials
Brick
Stories
2
Financial
Tax Year
2024
Taxes
$129,298
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Mike Gonet was born, raised, and raised his family in the Putnam County Area. He has successfully run a family-owned real estate business for over 40 years with Gonet Real Estate & Land Co. He has extensive experience (and thoroughly enjoys) selling vacant land, farm ground, and commercial properties. When Mike has free time, he enjoys spending it with his 4 adult children and many grandkids by watching baseball and college basketball and playing golf. His experience and expertise in real estat…
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7701-7757 W Lawrence Avenue
Norridge, IL