551 Hyde Park Ave - Flex FOR SALE


Hillside, IL 60162
$725,000 USD
630-815-5043
551 Hyde Park Ave, Hillside, IL for Sale
$725,000 USD
Flex - FOR SALE
1/25
null | Request Cap Rate

551 Hyde Park Ave
Hillside, IL 60162


HIGHLIGHTS

  • 2024 Property Taxes Successfully Appealed
  • Tenant has lease rights till 12/31/2025 - Paying $9k/mo Gross

OVERVIEW

Approx. 12ksf warehouse building in M-1 (light industrial) section of Hillside. Great access to all of Chicagoland. 14-20 ft clear span ceiling height (barrel roof in main part of warehouse). 1 depressed dock and one 16 ft OHD. Large outdoor yard space of approximately 6,000sf. Approximately 600sf of office with mezzanine break area with kitchenette. Warehouse bathrooms, one with shower, and private executive office with private bathroom. Hot water heating system for warehouse and window AC for office. Leased at $9k per month until 12/31/2025. South half of barrel roof recently redone. 2024 taxes successfully appealed. **Just taped and 12,248 under roof (approx. 600sf of which is office).

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

Lighting, Gas, Water, Sewer, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43

LAND SF

18,832

ZONING

M-1

APN/PARCEL ID

15-08-422-037-0000

ASK ABOUT THIS PROPERTY

Mike MuisengaBerkshire Hathaway Prairie Path RealtorsMore Info
630-815-5043

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Mike MuisengaBerkshire Hathaway Prairie Path RealtorsMore Info
630-815-5043

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