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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
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 | Lot Size | 0.57 AC |
| Price Per SF | $57.14 | Rentable Building Area | 24,500 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 12.43% | Year Built | 1979 |
| Property Type | Industrial | Parking Ratio | 2.04/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 22’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 10 |
| Zoning | M1 - Light Industrial District | ||
| 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
1 1
Property Taxes
| Parcel Number | 29-29-302-029-0000 | Improvements Assessment | $70,557 |
| Land Assessment | $18,265 | Total Assessment | $88,822 |
Property Taxes
Parcel Number
29-29-302-029-0000
Land Assessment
$18,265
Improvements Assessment
$70,557
Total Assessment
$88,822
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1301 W 171st St
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