Chicago Heights, IL 60411 500 Ashland Avenue
$475,000
8 more
Presented By: Coldwell Banker Realty
SQFT • 11,136
Home Details
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 3 vacant spaces: 1st floor 1250sf mls #12636096 and 2nd floor 2100sf mls #12636103 and 650sf mls#12641529. 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.
Presented By: Coldwell Banker Realty
Interior Features for 500 Ashland Avenue
Other Interior Features
FlooringCarpet, Tile, Varies
General for 500 Ashland Avenue
Additional Parcels Description32182050370000, 32182050380000
Additional Parcels Y/NYes
CityChicago Heights
Construction MaterialsBrick, Concrete, Steel Siding
CoolingCentral Air
CountyCook
Current UseCommercial, Office, Medical/Dental
DirectionsAshland to 202nd street, two story brick medical corner building.
ElectricService - 101 to 200 Amps
Gross Income280000
Leasable Area11000
Lease TypeGross
Lot Size Square Feet47678
MLS AreaChicago Heights
Net Operating Income200000
Number Of Units Total6
Operating Expense80000
Possible UseOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
RoofMembrane
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount60985
Tax Year2024
Tenant PaysVaries by Tenant
TownshipBloom
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected
Year Built1968
ZoningCOMMR
Exterior for 500 Ashland Avenue
Building Area Total11136
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, County Road, Public Road, State Road
Lot Dimensions200x240
Lot Size Acres1.1
Water SourceMunicipal Water
Additional Details
Price History
