22962 S Harlem Avenue

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22962 S Harlem Avenue

Frankfort, IL 60423
Asking Price
$829K
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use property listed for sale in Frankfort, Illinois.
  • Asking price for the commercial asset is $829,000.
  • Located at 22962 S Harlem Avenue with coordinates 41.4733, -87.7898.
  • Strategically positioned within the expanding Will County suburban market.
  • Versatile configuration allows for multiple potential commercial use cases.

What's Special

Priced at $829,000, this mixed-use asset sits at 22962 S Harlem Avenue in Frankfort, Illinois. The property serves as a versatile investment within a growing suburban market in the Chicago metropolitan area, which is known for its stable residential base and expanding commercial corridors. Frankfort provides a balance of suburban charm and accessible transit options, making it a strategic location for various business models. Investors can explore potential revenue streams by leveraging the hybrid nature of the space, suitable for professional offices, service-based retailers, or boutique residential components depending on local requirements. The site benefits from its positioning along a key arterial road, ensuring visibility and connectivity for tenants and visitors alike. This asset represents a practical addition to an existing portfolio or a functional entry point for those seeking a foothold in the Will County submarket.

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NOI
$80,000
Cap Rate
9.65%
DSCR
1.63
Strong
Cash-on-Cash
12.38%
Monthly Payment
$4,101.44
Annual Cash Flow
$30,782.724

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