CRE Admin

Beach Park, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Beach Park, Illinois Market population: 14K. Explore income-producing properties with verified cap rates and...

Advertisement
Cap Rate: Low NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in Illinois.
1 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Beach Park IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Beach Park IL Properties: 3.1200%

πŸ“Š Average Income For Beach Park IL Commercial Property: $67,955

Investor Questions For Beach Park IL

Common questions from investors exploring commercial real estate in Beach Park IL.

What's the overall investment potential of Beach Park, IL? +
Beach Park, IL offers a stable investment market with a median household income of $67,955, a relatively low poverty rate of 8.0%, and a high health insurance coverage rate of 91.2%, indicating a strong and secure tenant base. The top industries, including Finance & Insurance and Public Administration, also suggest a diverse economy. With a median property value of $170,500 and median property taxes of $4,028, the area presents a balanced mix of affordability and revenue potential.
How does the local economy impact rental demand? +
The diverse economy of Beach Park, IL, with top industries like Finance & Insurance, Public Administration, and Information, contributes to a stable rental market. The employed population of 6,873 and a median household income of $67,955 further support the demand for rentals. Additionally, the area's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, can attract a broad range of tenants.
What are the key factors influencing property values in Beach Park, IL? +
Property values in Beach Park, IL are influenced by several factors, including the median household income of $67,955, the low poverty rate of 8.0%, and the high homeownership rate of 84.2%. The average commute time of 31 minutes and the prevalence of drove alone, carpooling, and working from home as top commute methods also contribute to the area's attractiveness and, consequently, property values. The GINI coefficient of 0.342 indicates a relatively equal distribution of income, which can positively impact property values.
How does the quality of life in Beach Park, IL affect market stability? +
The quality of life in Beach Park, IL, characterized by an average commute time of 31 minutes, a high health insurance coverage rate of 91.2%, and a low poverty rate of 8.0%, contributes to market stability. The area's relatively low crime rates, including a violent crime rate of 0.35 per 1,000 residents, further enhance the quality of life and attractiveness to potential tenants and investors. The diversity of the population, with top ethnicities including White, White Non-Hispanic, and Hispanic, also supports a stable and vibrant community.
What are the implications of the demographic characteristics for real estate investment? +
The demographic characteristics of Beach Park, IL, including a median age of 38.5, a foreign-born rate of 14.1%, and a diverse ethnic mix, have significant implications for real estate investment. The area's high health insurance coverage rate of 91.2% and low poverty rate of 8.0% suggest a stable and secure tenant base. The median property value of $170,500 and median property taxes of $4,028, combined with the area's demographic characteristics, present a compelling investment opportunity with potential for long-term appreciation and rental income.

Beach Park IL Real Estate & City Facts

Key facts and real estate information about Beach Park IL.

What are some of the best neighborhoods to live in Beach Park? +
Some of the best neighborhoods to live in Beach Park include N Bonnie Brook, which is a peaceful and family-friendly area with quiet streets lined with trees. However, it's worth noting that the neighborhood can vary, and some areas may be closer to high-crime areas like Zion and Waukegan. It's always a good idea to research and visit the area before making a decision.
What are some fun things to do in Beach Park? +
Beach Park has plenty of fun things to do, including visiting Illinois Beach State Park, which offers activities like biking, hiking, fishing, and swimming. You can also explore the nearby attractions like Pleasant Prairie Premium Outlets, Zion's Museum, and Edge of Escape Rooms. If you're looking for more adventure, you can try Extreme Flight Simulation or take a charter boat tour with Diamond Ghost Charters.
What is the food scene like in Beach Park? +
The food scene in Beach Park is limited, but you can find some great restaurants in the nearby areas. For waterfront dining, you can try Waterfront Warehouse or Nolan's Restaurant at Illinois Beach Hotel. If you're looking for casual Italian food, you can head to Bar Siena North Shore in Skokie. There are also plenty of great restaurants in Lake Forest, like Le Colonial and Abigail's, which offer fine dining experiences. Additionally, you can check out Shore Club Chicago for beachfront dining and cabanas on North Avenue Beach.
What are the pros and cons of living in Beach Park? +
The pros of living in Beach Park include its natural beauty, close-knit community, and peaceful vibe. The village also offers a range of activities and attractions, including Illinois Beach State Park. However, some cons include the varying neighborhood quality, with some areas being closer to high-crime areas. Additionally, the food scene is limited, and you may need to travel to nearby areas for more dining options. Overall, Beach Park can be a great place to live for those who value a peaceful and natural environment, but it's essential to research and weigh the pros and cons before making a decision.
Is Beach Park a good place to live? +
Beach Park can be a good place to live for those who value a peaceful and natural environment, with a close-knit community and plenty of outdoor activities. However, it's essential to consider the varying neighborhood quality and limited food scene. If you're looking for a quiet and family-friendly area with easy access to nature, Beach Park might be an excellent choice. But if you prefer a more vibrant and diverse community with a wide range of dining options, you might want to consider other areas. Ultimately, whether Beach Park is a good place to live depends on your individual priorities and preferences.
Advertisement