1030 Sterling Avenue

FLOSSMOOR, IL 60422

$1,100,000

MLS# 09784364


Description

The 1030 Sterling Ave property is a fully-leased 10,250 SF one and part two-story, masonry constructed mixed use building containing five commercial units and four residential dwellings. The building has been very well maintained and offers a rich blend of Tudor style architectural details. This is an ideal investment property for an investor looking for a long-term hold in an irreplaceable location. The property benefits from the favorable Cook County mixed-use tax classification in which the properties are assessed at 10% of market value versus 25% for commercial buildings. This favorable tax treatment provides a competitive market rental rate advantage over the competition.
Listed:
10/23/17

This listing 1030 Sterling Avenue Flossmoor, Il 60422 is a mixed use listing on a lot of 6,450 sqft (or 1 acres). 1030 Sterling Avenue was built in 1931. 1030 Sterling Avenue is located in Flossmoor and in ZIP Code 60422. It has been listed on our site since Oct 23, 2017.

Presented By

Paul Cionczyk

  • Direct847.504.5578
  • Cell312.433.9931
  • Fax678.212.5817

Contact Me

 

Listing Office: Sperry Van Ness

© 2017 Midwest Real Estate Data LLC. All Rights Reserved.

Broker Reciprocity

All information provided is deemed reliable but is not guaranteed and should be independently verified. School assignments are subject to change. Please consult with the appropriate school system for student assignment.

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Baird & Warner are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Flossmoor

Community Overview The roots of Flossmoor , Illinois run deep through American history.  In 1891, the Illinois Central Railroad purchased 160 acres of land west of the rail line and north of Flossmoor Road. In the late 1890's the ICG decided to sell the property for development and sponsored a contest to select a name for the Village.  "Floss Moor", a Scotch name meaning "dew on the heather" and gentle rolling countryside" was selected and approved by the U.S. Post Office.  Prompted by members of the newly-formed Flossmoor Country Club, the ICG built a Flossmoor train station shortly thereafter. Flossmoor was first recognized as an affluent community in the 1920s, when it became known as a cultural and recreational mecca of...

Flossmoor

School Information

Map and Points of Interest


Select a Point of Interest and Radius from the form above.

6 Listings (4.94 Mile Radius)

Price +/-: % Beds +/-:
Baths +/-: Filter

*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Joanna White

Loan Officer Direct: 847.296.5757 Cell: 847.224.1366 Prequalify