9146 Broadway Avenue Brookfield, IL 60513
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9146-9150 Broadway Avenue is an excellent value-add redevelopment opportunity! Located in the Brookfield 8 Corners TIF District! Desirable C-3 Brookfield zoning. Two adjacent buildings for sale together as a package deal by long-term owner. The first building is 9150 Broadway, which is an approximate 6, 000-sf one story, owner-occupied True Value store. The store can be repurposed for a general commercial use or re-opened as a hardware store. There is an approximate 1, 300-sf rear garage behind the two story mixed use building. The one story portion wraps around the two-story component and there is direct access from the store to the rear garage. There is a drive-in door along the rear alleyway There is an additional vacant storefront to the rear along Maple Avenue. The property features a partial unfinished basement. The second building is 9146 Broadway Avenue. This is an approximate 4, 300-sf, two story mixed use building with a dental unit on first floor and a two bedroom apartment apartment above. Both units are on month-to-month leases. Gross income for both units is $2, 300 per month (below market rents). Owner covers all expenses. Great opportunity for new owner to extinguish leases, renovate and re-tenant at much higher market rents. Residential tenant is a very long term tenant. Excellent opportunity for investor to renovate and re-tenant with higher rents. The location next to downtown Brookfield and Metra station makes this an ideal opportunity for many local tenants!
|3 months ago
|Listing updated with changes from the MLS
|3 months ago
|Status changed to Active Under Contract
|6 months ago
|Price changed to $650,000
|8 months ago
|Listing first seen online