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Shirley, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Shirley, Illinois Market population: 25K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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⭐ 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 Shirley NY Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Shirley NY Properties: 1.8900%

πŸ“Š Average Income For Shirley NY Commercial Property: $82,159

Investor Questions For Shirley NY

Common questions from investors exploring commercial real estate in Shirley NY.

What is the overall investment potential of Shirley, NY, considering its demographic and economic factors? +
The combination of a relatively low poverty rate of 9.2%, a high median household income of $82,159, and a diverse population with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.
How does the commute time and health insurance coverage impact the quality of life for residents and potential tenants in Shirley, NY? +
The average commute time of 31.5 minutes, combined with a high health insurance coverage rate of 92.9%, indicates a good quality of life for residents, which can lead to a more stable and reliable tenant base, reducing the risk of investment in the area.
What role do top industries and ethnic diversity play in shaping the demand for real estate in Shirley, NY? +
The presence of top industries such as Public Administration, Wholesale Trade, and Manufacturing, along with a diverse population including White, White Non-Hispanic, and Hispanic ethnicities, contributes to a strong and varied demand for real estate, making it an attractive location for investors looking to capitalize on a mix of residential and commercial opportunities.
How do the median property value and property taxes in Shirley, NY affect the overall cost of investment and potential returns? +
The median property value of $264,300 and median property taxes of $6,580 in Shirley, NY, suggest a moderate to high cost of investment, but the relatively high median household income and low poverty rate in the area may support the potential for strong rental yields and long-term property appreciation, making it a viable option for investors.
What are the implications of the high homeownership rate and low poverty rate for real estate investors in Shirley, NY? +
The high homeownership rate of 85.9% and low poverty rate of 9.2% in Shirley, NY, indicate a stable and secure market, with a lower risk of vacancy and default, making it an attractive location for investors seeking long-term, low-risk investment opportunities, with the potential for steady rental income and property value growth.

Shirley NY Real Estate & City Facts

Key facts and real estate information about Shirley NY.

What are some of the best neighborhoods to live in Shirley? +
Some of the best neighborhoods to live in Shirley include the east parts of the city and the Tangier's area near Carvel, which is known for being quiet with tree-lined streets and low crime rates. Other desirable areas include the northeast regions, which offer more affordable homes.
What are some fun things to do in Shirley? +
There are plenty of fun things to do in Shirley, including visiting the Smith Point County Park, the TWA Flight 800 International Memorial, and the Manor Of St. George. You can also explore the Wertheim National Wildlife Refuge or check out the Long Island Aquarium and Harbes Family Farm & Vineyard.
What is the food scene like in Shirley? +
The food scene in Shirley is diverse and offers a range of options, including restaurants like Tasty Home, Wings Cafe, PORTERS on the lane, Bee Bee's Fried Chicken, and La Buena Vida. You can also find great sushi at Okeno Sushi and delicious bagels at Strathmore Bagels. There are also plenty of great food trucks and scenic restaurants with beautiful views.
What are the pros and cons of living in Shirley? +
The pros of living in Shirley include its family-friendly neighborhoods, low crime rates, and affordable housing options. However, some cons include the need for a car to get around, as public transportation options are limited. Additionally, some areas of Shirley can be quite crowded and noisy, especially during peak summer months.
Is Shirley a good place to live? +
Overall, Shirley is a great place to live, offering a unique blend of natural beauty, outdoor recreation opportunities, and small-town charm. While it may have some drawbacks, the pros of living in Shirley far outweigh the cons, making it an excellent choice for families, retirees, and anyone looking for a relaxed and peaceful lifestyle.
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