1540 Hannah Ave - Light Distribution FOR SALE


Forest Park, IL 60130
$1,500,000 USD
312-371-7866
1540 Hannah Ave, Forest Park, IL for Sale
$1,500,000 USD
Light Distribution - FOR SALE
1/62
null | Request Cap Rate

1540 Hannah Ave
Forest Park, IL 60130


OVERVIEW

** This property is on land with environmental issues with Cook County. See attached survey ** 1540 Hannah is a 10,000 SF Flex Building with an additional 3,000 SF of mezzanine office. The property sits on 0.76 acres and includes 7,400 square feet of yard space and a parking lot. The property was recently fully renovated with high-end office finishes throughout and there is no deferred maintenance at this time. The first floor of the building is approximately 70% warehouse and 30% office and has a fully built-out mezzanine office on the 2nd floor. The warehouse was recently painted and the floor has new epoxy. The building next door at 1520 Hannah is also available for sale and the properties can be purchased together or separately. The property is accessed via Harlem Avenue and 16th Street and is approximately 1 mile to I-290 interchange. It is also 18 miles from the O’Hare Market. 1520 Hannah Ave. also available for sale or lease at $750,000 or $6,500/month NNN. Brokers contact jon@jendy.com for discussion on broker commission fees. This property has an environmental phase 1 document attached. Please review if you or your client are interested in purchasing properties in this area of Hannah Ave.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

17.666666666666668 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.35

LAND SF

15,246

ZONING

I-2

APN/PARCEL ID

15-24-213-027-0000

ASK ABOUT THIS PROPERTY

Jon KoppJendyMore Info
312-371-7866

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Jon KoppJendyMore Info
312-371-7866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.