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Country Club Hills, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Country Club Hills, Illinois Market population: 17K. Compare commercial properties across all major asset...

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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 Country Club Hills IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Country Club Hills IL Properties: 5.0800%

πŸ“Š Average Income For Country Club Hills IL Commercial Property: $59,832

Investor Questions For Country Club Hills IL

Common questions from investors exploring commercial real estate in Country Club Hills IL.

What is the overall investment potential of Country Club Hills, IL? +
The 12.3% poverty rate combined with a high 90.4% health insurance coverage and a strong median household income of $59,832 suggests a stable market with employment opportunities, making it an attractive investment destination. The top industries, including Finance & Insurance, and Real Estate & Rental & Leasing, also indicate a diverse economy. Additionally, the 37.6-minute average commute time and variety of commute methods, including public transit, contribute to the city's appeal.
How does the demographic diversity of Country Club Hills impact investment? +
The city's ethnic diversity, with 78.6% Black, 8.3% White, and 5.9% White Non-Hispanic populations, contributes to a rich cultural landscape, which can attract a wide range of residents and businesses. This diversity, combined with a relatively low foreign born rate of 4.5%, suggests a strong sense of community, and the high homeownership rate of 77.8% indicates a stable and invested population.
What are the key factors influencing property values in Country Club Hills? +
The median property value of $149,400 and median property taxes of $4,858 are influenced by the city's strong employment market, with 7,229 employed residents and top industries like Public Administration and Finance & Insurance. The relatively low poverty rate of 12.3% and high health insurance coverage of 90.4% also contribute to a stable and attractive environment for property investment.
How does the quality of life in Country Club Hills impact rental yields? +
The average commute time of 37.6 minutes, although somewhat lengthy, is mitigated by the availability of public transit and the option to work from home, making the city an attractive option for renters. The high health insurance coverage rate of 90.4% and relatively low poverty rate of 12.3% also suggest a stable and employed renter population, which can contribute to consistent rental yields.
What role does income inequality play in the investment landscape of Country Club Hills? +
The GINI coefficient of 0.408 indicates a moderate level of income inequality, which, when combined with the median household income of $59,832 and poverty rate of 12.3%, suggests that there are opportunities for investment in both affordable and higher-end properties. The diverse economy and strong employment market also contribute to a relatively stable investment environment, despite some income inequality.

Country Club Hills IL Real Estate & City Facts

Key facts and real estate information about Country Club Hills IL.

What are some of the best neighborhoods to live in Country Club Hills? +
Some of the best neighborhoods to live in Country Club Hills include Winston/Hillcrest South, which is known for its family-friendly environment and diversity. Other desirable areas tend to be in the northeast parts of the city, while more affordable homes are in the southeast regions.
What are some fun things to do in Country Club Hills? +
There are plenty of fun things to do in Country Club Hills, such as visiting the Country Club Hills Amphitheater, attending community events and city programs, and exploring the Tinley Creek Forest Preserve. You can also check out the $1 R&B venue in Chicagoland, the $3 million football/track stadium, and Turtlehead Lake.
What is the food scene like in Country Club Hills? +
The food scene in Country Club Hills is diverse and offers a range of options, including Fitchy's Home Of The Hoagy, El Cortez Restaurant & Lounge Inc, and Ya Mon Jamaican Cuisine. There are also plenty of great restaurants near the city, such as 69 Prime, Homewood Brewing Company, and Vinny's Clam Bar.
What are the pros and cons of living in Country Club Hills? +
The pros of living in Country Club Hills include its quiet and diverse environment, with plenty of opportunities for outdoor activities and community events. However, some cons include the city's relatively high crime rate and limited job opportunities. Additionally, the city's poverty rate and income inequality are concerns that need to be addressed.
Is Country Club Hills a good place to live? +
Country Club Hills can be a good place to live for those who value a quiet and diverse environment, with plenty of opportunities for outdoor activities and community events. However, it's essential to consider the city's pros and cons, including its crime rate, job opportunities, and poverty rate, before making a decision. Ultimately, whether Country Club Hills is a good place to live depends on individual preferences and priorities.
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