3011 End AveChicago Heights, IL 60411

  • Industrial properties
  • 3,024 SF
For Lease

Property Details for 3011 End Ave

Year built
1968
Lot size
0.91 AC
Property size (Sq ft)
3,024 SF
Property type
Industrial properties
APN
32-33-100-019
APU
3233100019

Description

This exceptional 5,000-square-foot warehouse property in South Chicago Heights, Illinois, presents a compelling investment opportunity. Situated on a 0.92-acre lot in Cook County, this single-tenant industrial space offers immediate occupancy. The building is constructed of brick and features a 12' x 14' drive-in door (DID). A significant advantage is the potential for Class 8 Tax Incentives, offering substantial financial benefits to the owner. The property includes a 2,500-square-foot rear building, providing flexibility. This secondary structure can be renovated for additional usable space or demolished to create expanded outdoor storage area, catering to a variety of operational needs. The property's location in South Chicago Heights, with its zip code 60411, provides convenient access to major transportation routes and logistical networks. This warehouse is ready for immediate use and presents a rare opportunity to acquire a well-located, functional industrial space with significant upside potential. The property's size and features make it suitable for a range of businesses seeking efficient and adaptable warehouse space in a strategic location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,112,369
    Hospitality
    $1,018,924
    Educational
    $847,732
    Medical
    $876,887
    Retail
    $1,318,695
3011 End Ave, Chicago Heights, Illinois

Location Insight

City
Chicago Heights
County
Cook
State
Illinois
Latitude
41.4838
Longitude
-87.6334
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
$18,528
$29,797
$13,546
$43,343
-
$119,188
$54,184
$173,372

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