15437 Broadway AveHarvey, IL 60426

  • Commercial real estate
  • 0.06 AC
For Sale
$199,000 View listing

Property Details for 15437 Broadway Ave

Year built
1966
Lot size
0.06 AC
Property type
Commercial real estate
APN
29-17-216-021
APU
2917216021

Description

This 2,700 square foot commercial property located at 15437 Broadway Avenue in Harvey, IL presents a unique investment opportunity. The building boasts a distinctive black and grey brick exterior and offers 11 versatile rooms suitable for a variety of uses, including offices, meeting rooms, or other functional spaces. Four bathrooms provide ample convenience for occupants and guests. A kitchen area is included, perfect for a break room or meal preparation. The property also features an attached one-car garage, offering valuable storage or parking. Ample additional parking is available for 15-20 vehicles in front of the building. Its strategic location directly across from a Metro station ensures easy access to public transportation, a significant advantage for employees and clients. The property's proximity to the University of Chicago Ingalls Hospital offers potential for businesses seeking to serve the hospital's staff and patients, or benefit from the increased foot traffic and potential clientele associated with a growing medical community. Furthermore, the property is situated in an area targeted for city redevelopment plans, presenting significant long-term growth potential. This combination of features makes this property an attractive option for businesses seeking a well-equipped, conveniently located office space in a developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $939,848
    Hospitality
    $860,896
    Educational
    $716,256
    Medical
    $740,889
    Retail
    $1,114,175

Location Insight

City
Harvey
County
Cook
State
Illinois
Latitude
41.6086
Longitude
-87.6443
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,260
$3,832
$177
$4,009
-
$15,328
$708
$16,036

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