September 28, 2023 – Uriel Escobar of Horvath & Tremblay has successfully completed the sale of 4511 Sauk Trail in Richton Park, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $615,000.
4511 Sauk Trail is a vacant medical building in Richton Park, Illinois. The Property consists of a 6,983 square foot medical office building constructed in 1993 on 0.97-acres of land. The Property is zoned C-1 Community Commercial, one of the most versatile zoning designations. The C-1. Community Commercial zoning district is intended to serve the needs of surrounding residential areas as well as passing motorists. The district provides for standalone commercial uses as well as multi-tenant retail centers. The Property is located at the signalized intersection of Sauk Trail and Latonia Lane. The heavily trafficked intersection sees more than 23,600 vehicles per day. The Property is adjacent to the Southland High School, the Village of Richton Park Community Center and Fire Department, and sits in front of the Richton Park Public Library. The Property also benefits from its proximity to the Richton Park Metra Station with service on the ME line, Rich Township High School, and Interstate 57 (all within 1-mile of the Property). Richton Park is an affluent suburb of Chicago, located along the Interstate 57 corridor approximately 32 miles southwest of the city.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.