Property Listing No Longer Available for Sale

12842 S Western Ave, Blue Island, IL

Multi-Use for Sale - $260,000 - 16,240 Sq. Ft. on 13888 acres


Property Info

CIMLS#1072313
Location
  12842 S Western Ave
  Blue Island IL 60406
UpdatedApril 27th, 2020
TypeMulti-Use
Price$260,000
Building16,240 Sq. Ft.
Land13888 acres

Property Description

Suggested Opening Bid: $260,000

Buyer's Premium: 6% ($40,000 minimum applies)

Cooperating Broker's Commission: 2%

Built: 1927

Lot Size: Approx. 13,888 SF

Building Size: Approx. 16,240 SF

2018 Taxes: $22,968.57

PIN #: 24-36-213-011-0000

2018 Taxes: $2,172.20

PIN #: 24-36-213-022-0000

2018 Taxes: $0

PIN #: 24-36-213-012-0000

Zoning: C1; Central Area Commercial

Traffic Count: 7,410 VPD

Electrical: 400 Amps

Heating: Forced warm air in retail; ceiling-suspended radiant space heaters in warehouse

Air Conditioning: Forced air, individual units

Number of Freight Elevators: 1

This income producing, approx. 16,240 sf mixed use building is located in a well stabilized section of Western Avenue in Blue Island, near Interstate 57, only 15 miles from downtown Chicago.

It has an approx. 1,600 sf retail storefront leased to a long term tenant (hair salon) and two leased residential units (a one bedroom unit and a two bedroom unit), all with strong rental history. It offers an approx. 12,400 sf vacant warehouse with approx.14' ceiling heights (formerly occupied by the now retired owners


Financials