17500-17516 S Carriageway Dr - Office FOR SALE


Hazel Crest, IL 60429
$1,835,000 USD
773-793-6600
17500-17516 S Carriageway Dr, Hazel Crest, IL for Sale
$1,835,000 USD
Office - FOR SALE
1/32
null | 10.5% Cap Rate

17500-17516 S Carriageway Dr
Hazel Crest, IL 60429


OVERVIEW

Property Description This mixed use office/retail multi-tenant building boasts a 92% occupancy rate. Its smaller units lead to easier to lease spaces and minimal re-tenanting expenses. Building features recent facade updates, new landscaping and completely new parking lots. A new monument sign was added in November 2023. Current ownership has taken great pride in making significant improvements. Location Description Excellent location Interstate access via 1-294 and 1-80 at the Dixie Highway interchange is 5 minutes away Southwest corner of East carriageway Drive and 175th street. An average of 14,700 cars per day travel this major east-west thoroughfare. Public transportation is available directly to property. Local access available via Kedzie avenue. Traffic count on Kedzie is an average of 22,200 cars per day.. The property is one block north of South Suburban Hospital and a few blocks north of Homewood-Flossmoor High School Highlights 92% occupancy! Many recent updates including exterior painting and all new landscaping Both north and south parking lots completely replaced to gravel base New Monument Signage

FOR SALE DETAILS

PRICE

$1,835,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

10.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

B

APN/PARCEL ID

28-36-100-016-0000

ASK ABOUT THIS PROPERTY

Joshua BudnyNetwork Real Estate Group, Ltd.More Info
773-793-6600

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Joshua BudnyNetwork Real Estate Group, Ltd.More Info
773-793-6600

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