Multi-Family Space For Lease @ 1030 & 1036 Sterling Ave

SVN Chicago Commercial is pleased to present two fully leased mixed-use buildings with 11 units in Flossmoor. The properties are located at 1030 and 1036 Sterling Avenue. 1036 Sterling is a 3,000 sqft two-story, masonry constructed mixed-use building with one commercial unit and one residential dwelling. The building was built in 1927 and has been fully modernized. 1030 Sterling is a 10,250 sqft two-story, masonry constructed mixed-use building containing five commercial units and four residential dwellings. The buildings have been very well maintained and offer a rich blend of Tudor style architectural details.

Both properties benefit 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. The investment opportunity is ideal for an investor looking for a stable, long-term hold property in an irreplaceable location. This space offers accomodations for: midrise.