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1301 W 171st St 24,500 SF 100% Leased Industrial Building East Hazel Crest, IL 60429 $1,400,000 ($57.14/SF) 12.43% Cap Rate

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INVESTMENT HIGHLIGHTS

  • All 6 units are occupied, providing immediate cash flow
  • Property features a billboard off the expressway
  • Strategically located near major expressways—I-294 and I-80

EXECUTIVE SUMMARY

Looking for investors who want to grow their pockets! Industrial property that is close to I-294 and I-80. This fantastic opportunity has long term tenants that occupy all 6 spaces, plus a billboard off the expressway for extra income! 1301-11, 1325, and 1329 W 171st Street-three building to be sold as a package Do not miss out on this opportunity! Call to schedule your appointment today!

PROPERTY FACTS

Price $1,400,000
Price Per SF $57.14
Sale Type Investment or Owner User
Cap Rate 12.43%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.57 AC
Rentable Building Area 24,500 SF
No. Stories 1
Year Built 1979
Parking Ratio 2.04/1,000 SF
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 10
Zoning M1 - Light Industrial District

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-29-302-029-0000
Land Assessment
$18,265
Improvements Assessment
$70,557
Total Assessment
$88,822
  • Listing ID: 34222149

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 1301 W 171st St, East Hazel Crest, IL 60429

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