Hazel Crest, IL 60429 16858 Park Avenue
$60,000



10 more











Presented By: MoHall Commercial & Urban Development
Home Details
Seize a unique opportunity to establish your business in the vibrant core of Hazel Crest. This expansive 2,436 sq. ft. property features two spacious storefronts, offering a versatile canvas for developers and entrepreneurs aiming to make a significant impact in Chicago's south suburbs. The property's adaptable layout is ideal for a variety of commercial ventures, from boutique retail shops and creative studios to dynamic service centers. Strategically located just two blocks from the Metra Station and three blocks from I-294 (Illinois Toll Road), this property ensures exceptional connectivity and accessibility for both clients and customers. The inclusion of an overhead door and rear parking enhances its functionality, catering to businesses that require seamless logistics and convenient customer access. Hazel Crest is on the cusp of a cultural and economic renaissance, highlighted by the planned Creative Arts District. This initiative aims to transform vacant retail spaces into vibrant art centers, fostering a thriving arts community and attracting visitors and patrons to the area. Adding to the area's allure is the newly opened Wind Creek Chicago Southland Casino in East Hazel Crest. This state-of-the-art entertainment venue features over 1,400 slot machines, 56 table games, and a variety of dining options, drawing a substantial influx of visitors and contributing to the local economy. Investing in this property means positioning your business at the forefront of Hazel Crest's transformation, benefiting from increased foot traffic and the dynamic energy brought by these developments. Don't miss the chance to be part of this exciting growth-secure this prime location and let your business thrive in the evolving landscape of Hazel Crest.
Presented By: MoHall Commercial & Urban Development
General for 16858 Park Avenue
Additional Parcels Y/NNo
CityHazel Crest
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsWOOD STREET TO 167TH STREET EAST TO PARK - SOUTH TO PROPERTY
ElectricSeparate Meters
Gross Income
Leasable Area
Lot Size Square Feet6150
MLS AreaHazel Crest
Net Operating Income0
Number Of Units Total2
Operating Expense0
Property TypeCommercial Sale
Property TypeIndustrial
Standard StatusActive
StatusActive
Stories1
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Varies by Tenant
UtilitiesElectricity Available, Natural Gas Available
Year Built1970
ZoningINDUS
Exterior for 16858 Park Avenue
Building Area Total2436
Frontage TypeCity Street
Lot Dimensions50X151
Water SourceMunicipal Water
Additional Details
Price History
