500 Ashland Ave - Medical FOR SALE


Chicago Heights, IL 60411
$475,000 USD
708-205-8703
500 Ashland Ave, Chicago Heights, IL for Sale
$475,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

500 Ashland Ave
Chicago Heights, IL 60411


OVERVIEW

The Ashland Building is a high-profile, corner 2-Story medical office with a full basement. White Miami brick masonry building with a large parking lot surrounding it on 3 sides. Over 1 acre of land is included in this magnificent opportunity. Currently, owner-occupied shows pride of ownership. Currently has 2 vacant spaces on the 2nd floor. Perfect for a new owner occupier can move in with income, as the owner will agree to a long-term lease-back for full occupancy. Perfect for 1031 investors or anyone looking to park cash into a nice, clean, and well-maintained investment building.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Ashland Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

-

APN/PARCEL ID

32-18-205-036-0000,32-18-205-038-0000

ASK ABOUT THIS PROPERTY

Chuck GroebeColdwell Banker Commercial RealtyMore Info
708-205-8703

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Chuck GroebeColdwell Banker Commercial RealtyMore Info
708-205-8703

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