$650,000
$650,000
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2,563 SqFt
SOLD DATE : 11/01/2023
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,563 sqft
Price per Sqft $253
MLS Listing ID 11922118
Sold Date 11/01/23
Year Built 1996
Annual Tax Amount $31,672
Tax Year 2021
Lot Dimensions 135X120
Property Sub-Type Mixed Use
Property Description
SOLD BEFORE PRINT ! Free standing building with 2 bays on busy Ogden Ave. with over 23,000 cars passing by per day. The building is over 2,500 square feet and was built in 1996 and sits on a concrete foundation with a block structure. The automotive building has 4 garage doors, 1 bathroom, 1 office, storage, 200 AMP service and central HVAC. The building is zoned B1 (retail business district) and the 4 lots total 16,200 square feet of total land. The alley behind the building is paved and you can find additional angle parking on the side street adjacent to the property. The zoning allows multiple uses for the building besides automotive so bring your ideas. Current tenant is paying $5,130 a month and just completed a 10 year NNN lease with the option to stay at a current cap rate of 4.55%.
Location
State IL
County Cook
Area Lyons
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
Structure Type Block
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Bought with Gregorio Cirone • xr realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "