410 ASHLAND AVE., Chicago Heights, IL 60411
Commercial property for sale
410 ASHLAND AVE., Chicago Heights, IL 60411
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- Description
- VALUE ADDED FULLY LEASED RETAIL BUILDING IN CHICAGO HTS. PERFECT FOR THE OWNER/USER OR INVESTOR. SELLER OCCUPIES 15,000 SF & WILL VACATE THE SPACE OR REDUCE THE AMOUNT OF SPACE FOR OTHER TENANTS. CORNER LOT ON 1.6 ACRES OF LAND. BUILDING IS SOLID WITH BRICK AND STEEL CONSTRUCTION. PRICED AT A 10% CAP RATE W/ POTENTIAL FOR MORE INCOME WITH MARKET RENTS. LOCATED NEAR OTHER RETAIL, OFFICE AND RESIDENTIAL. GOOD TRAFFIC. PRO FORMA CAP RATE OF ABOUT 13.5% CAP RATE. LOCATED NEAR OTHER RETAIL, OFFICE AND RESIDENTIAL. GOOD TRAFFIC COUNTS. POSSIBLE TAX INCENTIVES FROM THE CITY AND COUNTY. Building price details: $599,000.
- Property Details
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Property Type: Retail Use Types: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related Status: Available Price: $ 30 +/SF Number of Stories: 1 MSA: Chicago-Joliet-Naperville Zoning: B-1 RETAIL/BUSINESS Buildings: 1 Tenancy: Multiple Tenants Construction: Brick, Concrete Terms: Cash to Seller Added: 08/20/2012 Last Update: 09/19/2012 - Exterior Features
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Parking: Yes Parking Spaces: 60 - Contact info
- 708-429-4300 [Office]
- Note
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