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1521 Western Ave

Chicago Heights , Illinois 60411

Listing Type:
For Sale
Listing Price:
$375,000.00
Property Type:
Retail
Property Subtype:
Strip Center
Year Built:
1970
Listing Status:
Active
Building Size:
14750 SqFt

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. Do not disturb operating businesses. Contact listing broker for financials, additional questions, and tour requests. Agent accompany for tours.
Located in a designated Opportunity Zone and eligible for municipal financial incentives
3-acre lot with an abundance of parking
Huge lot allows for redevelopment opportunities as well - warehouse, multi-family, or additional commercial options.
Major traffic along Western Avenue offers heavy vehicle and foot traffic.

Presented by:

Karl  Landreneau,  CCIM, SIOR

Director of Commercial Sales and Leasing

(225) 295-0800

(225) 252-3733

Click here to email

Listed by:

Barrington

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