This exceptional 19,500 square foot industrial property, located at 14000 Kildare Avenue in Crestwood, Illinois, presents a compelling investment opportunity. Currently fully leased at below-market rates, this property offers significant potential for increased revenue. The building is meticulously maintained and professionally managed, ensuring a smooth transition for the new owner. Its versatile design makes it suitable for a variety of uses, including automotive repair, body shop operations, distribution warehousing, light manufacturing, or truck repair. The property's convenient location provides easy access to major transportation routes, enhancing its operational efficiency and appeal to tenants. The asking price of $1,699,000 represents a highly competitive value considering the property's size, condition, and income-generating potential. The substantial upside potential, coupled with the strong tenant base and prime location, makes this an attractive investment for discerning buyers seeking a stable and profitable addition to their portfolio. This is a rare opportunity to acquire a well-maintained, fully leased industrial property in a desirable location with significant room for growth. The property sits on a 0-acre lot, offering ample space for operations and potential future expansion. Don't miss this chance to secure a high-return investment in a thriving market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$7,185,151
Hospitality
$6,581,560
Educational
$5,475,780
Medical
$5,664,100
Retail
$8,517,880
Location Insight
City
Crestwood
County
Cook
State
Illinois
Latitude
41.6377
Longitude
-87.726
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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