$ 275,000
-
$275,000
Price -
0
Bed -
0
Bath -
17,206
SqFt
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About the Listing 12293 - 167553,882475
**Massive Price Reduction** on this large 7-unit Commercial Space situated in a high traffic area with more than 3 (three) Acres that can be used for expansion. Many long-term tenants include Harold's Chicken, a Cell phone store and Hair businesses. The property offers 40 parking spaces, central air and great exposure for tenants. Savvy investors with vision will see the opportunities of this nicely situated high-traffic commercial space whether breaking ground on a new mixed-use development, adding an RV Park, storage, restaurants, and much more. This property offers a 15 proforma cap rate before improvements with plenty of room to grow!
Listing Highlights
Status
Active
Days on Site
149
Property Type
Commercial Sale
MLS ®
12484062
Year Built
1953
Total Square Footage
17,206
Lot/Acreage
3.26
County
Cook
Area
Chicago Heights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Zoned
- Heating: Ceiling Units,Central Heat/Indiv Controls,Electric,Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 3.26
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: Fee Parking,2+ Per Unit
Financial Details
- Tax Amount: $125,248
- Taxes w/Assessments: N/A
- Tax/Property ID: 32193120140000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
1531 Western Ave Chicago Heights, IL 60411
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