Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

109 S 11th Ave 4,000 SF Industrial Building Maywood, IL 60153 $349,000 ($87.25/SF)

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Fully Rehabbed
Includes office with AC and Heat

All Steel with no internal supports

EXECUTIVE SUMMARY

Fully rehabbed all steel and concrete warehouse/shop with office and bathroom (with shower). Move-in ready. No interior supports. Huge entry door opens into 4000 sqft with 10-18 foot high ceilings. 6 Exterior off-street owned parking spaces. Fantastic location: 8 minutes to 290 15 minutes to 294 25 minutes to Loop 20 minutes to O'Hare 30 minutes to Midway Passed all permit inspections Insulation and heat installation available on request Seller financing available. New: Office AC/Heating 200 amp electric service with 240v welding outlet 6" sewer to street Insulated utility closet 8 camera video system WiFi Internet Smartphone light and door control reversible shop ceiling fans. According to zoning department, land site is 50 square feet short of minimum requirement. Warehouse completely insulated with closed cell spray foam insulation. Two large gas heaters installed and piped.

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$51,600	$12.90
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$51,600	$12.90
Taxes	$19,431	$4.86
Operating Expenses	$4,636	$1.16
Total Expenses	$24,067	$6.02
Net Operating Income	$27,533	$6.88

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$51,600
Annual Per SF	$12.90

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$51,600
Annual Per SF	$12.90

Taxes
Annual	$19,431
Annual Per SF	$4.86

Operating Expenses
Annual	$4,636
Annual Per SF	$1.16

Total Expenses
Annual	$24,067
Annual Per SF	$6.02

Net Operating Income
Annual	$27,533
Annual Per SF	$6.88

PROPERTY FACTS

Price	$349,000	Rentable Building Area	4,000 SF
Price Per SF	$87.25	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1975
Sale Condition	High Vacancy Property	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.5/1,000 SF
Property Subtype	Warehouse General Retail Auto Repair Industrial Distribution	Clear Ceiling Height	18’
Building Class	C	No. Drive In / Grade-Level Doors	1
Lot Size	0.11 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	BIP - BIP Flex Zoning District accommodates a variety of businesses:office, light manufacturing, warehousing, distribution, contractor, landscaping, auto.

Price	$349,000
Price Per SF	$87.25
Sale Type	Investment or Owner User
Sale Condition	High Vacancy Property
Property Type	Industrial
Property Subtype	Warehouse General Retail Auto Repair Industrial Distribution
Building Class	C
Lot Size	0.11 AC
Rentable Building Area	4,000 SF
No. Stories	1
Year Built	1975
Tenancy	Single
Parking Ratio	1.5/1,000 SF
Clear Ceiling Height	18’
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	BIP - BIP Flex Zoning District accommodates a variety of businesses:office, light manufacturing, warehousing, distribution, contractor, landscaping, auto.