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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 17,500 sqft
Price per Sqft $68
MLS Listing ID 11904929
Sold Date 03/22/24
Year Built 1985
Annual Tax Amount $43,583
Tax Year 2021
Lot Dimensions 1 ACRE
Property Description
FANTASTIC INVESTMENT opportunity for any investor looking to add an industrial asset to their portfolio. Fully leased with recent upgrades including: 2 remodeled offices and office expansion, LED lighting upgrades, new dock leveler, new door operators, hot water heater, and parking lot repair and seal. Current rents are below market rate and can easily be increased boosting income. This asset also holds a Class 6B tax incentive and would be transferrable with the sale of the property.
Location
State IL
County Cook
Area Harvey
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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Bought with Joe Napoli • Kale Realty