Skip To Content

1521 Western Avenue

Chicago Heights, IL 60411
  • $375,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 11212794
UPDATED: 26 min ago
$375,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

Value-Add investment property in Opportunity Zone! Strip Center along Western Avenue. Strip center consists of seven (7) separate units. 5 units are rented - 2 are vacant. Current tenants are Month to Month offering the new owner options to re-negotiate leases or find new tenants. Major traffic along Western Avenue offers heavy vehicle and foot traffic. Huge lot allows for redevelopment opportunity as well - warehouse, multi-family or additional commercial options. Do Not disturb operating businesses. Contact listing broker for financials, additional questions and tour requests. Agent accompany for tours.

Monthly Payment Calculator



© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2021-11-28T14:58:58.4 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.bloomingtonareahomes.com/homes/121236888
Print Image

1521 Western Avenue Chicago Heights, IL 60411

  • Price: $375,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 26 min ago
  • MLS #: 11212794
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Chicago Heights
County:
Cook
Area:
Chicago Heights
Property Description
Value-Add investment property in Opportunity Zone! Strip Center along Western Avenue. Strip center consists of seven (7) separate units. 5 units are rented - 2 are vacant. Current tenants are Month to Month offering the new owner options to re-negotiate leases or find new tenants. Major traffic along Western Avenue offers heavy vehicle and foot traffic. Huge lot allows for redevelopment opportunity as well - warehouse, multi-family or additional commercial options. Do Not disturb operating businesses. Contact listing broker for financials, additional questions and tour requests. Agent accompany for tours.
Exterior Features

Frontage Type City StreetPaved Parking Total 40

Interior Features

Cooling Central Air Heat Ventilation Forced Air Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 12000 Electric Circuit Breakers Fire Protection Fire Extinguisher/SCarbon Monoxide Detector(S) Gross Income 45400 Gross Scheduled Income 45400 Leasable Area 14750 Location Central Business District Net Operating Income 0 Number Of Tenants 5 Property Offered For Sale Only Property Sub Type Strip Center Tax Annual Amount 76410.5 Tax Year 2019 Tenant Pays ElectricityHeatRepairsScavengerSewer Total Monthly Income 7170 Type Retail/Stores Zoning Other

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Success Realty.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2021-11-28T14:58:58.4 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11212794-1.jpg
Logo
Keller Williams Realty
2401 East Empire
Bloomington IL, 61704