2515 Veterans DrPosen, IL 60469

Property Details for 2515 Veterans Dr

Year built

1973

Lot size

0.67 AC

Property type

Retail space

APN

28-12-401-056

APU

2812401056

Description

This exceptional 12,800-square-foot flex space in Cook County offers a prime location with high visibility on 147th Street, adjacent to Windy City Cannabis and conveniently situated near the I-57 and I-294 interchange. The single-story, 1973-built building underwent a complete renovation in 2022. The property sits on 0.67 acres and features three individual suites, with a minimum divisible space of 2,800 square feet. Currently, one suite is available. The building boasts a 13'8" ceiling height, three drive-in doors, and ample parking with 30 spaces. One suite includes a well-appointed front office area with a reception area, two private offices, and a bathroom. The rear of this suite features a kitchenette, an additional bathroom, and a spacious warehouse area. The property is zoned for industrial use and offers excellent frontage. Pricing is subject to offer. This is an ideal opportunity for businesses seeking a versatile and strategically located industrial space with modern amenities. The property's recent renovation ensures a move-in ready condition, minimizing upfront capital expenditures. Don't miss this chance to secure a highly visible and functional space in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $13,828,564

  6.5%

  $12,764,829

  7%

  $11,853,055

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,607,949

  Geo Method

  $9,607,949

• Alternative Use

  Use

  Valuation

  Residential

  $10,767,610

  Hospitality

  $9,863,073

  Educational

  $8,205,961

  Medical

  $8,488,177

  Retail

  $12,764,829

Location Insight

City

Posen

County

Cook

State

Illinois

Latitude

41.6253

Longitude

-87.6833

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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