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417 W Lincoln Highway

Chicago Heights, Illinois 60411


Stacy Karel
312.933.5819

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$560,000


Square Footage
29,502
Stacy Karel
312.933.5819
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Property Type
Retail Store
Neighborhood
Chicago Heights


Retail center with two improved buildings that contain a total of 29,520 Square feet of Gross Leasable Area, set on a land site totaling 98,931 SF. The two buildings were constructed in 1975, and are separated by a large, paved parking lot. The center is currently 64% occupied. Recent capital investments to the property include a conversion of all parking lot lighting to LED, new paint of the entire exterior, paving and restriping of the parking lot, new rear gutters, and new bathrooms and HVAC in select units. One single-story building and one two-story building, situated on a two-acre site which includes an asphalt parking lot containing 113 spaces. There are 14 suites ranging from 1,130 SF - 4,100 SF, and are constructed of concrete block and aluminum siding. Building #1 is a one-story building constructed on a concrete slab consisting of 9,987 SF. Building #2 is a partial one-story and partial two-story building constructed on a concrete slab consisting of 23,502 SF.



Full Features
Built: 1975
Cooling System: Central Air
Stories: 2
Zoning: RTAIL
Rentable Square Feet: 3,000
Building Square Feet: 29,502
Current Net Income: $86,515


Taxes & Assessments
Taxes: $135,000

Listing Office: ACO Commercial

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Chicago Heights

Chicago Heights is part of the South Suburbs. The south suburbs offer residents suburban living with convenient access to the city. Three communities within the area – Homewood, South Holland and Park Forest, have been recognized by Forbes Magazine as…

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Nearby Public Transportation

Metra
Metra Electric Main Branch

at Olympia Fields Metra (1.87 miles away)






417 W Lincoln Highway Chicago Heights, Illinois 60411 is a retail store property, which sold for $560,000. Want to learn more about 417 W Lincoln Highway Chicago Heights, Illinois 60411? Contact an @properties agent to request more info.


© 2017 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.