Chicago Ridge, IL 60415,7000 Southwest HWY
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Chicago Ridge, IL 60415,7000 Southwest HWY
Chicago Ridge, IL 60415,7000 Southwest HWY
Chicago Ridge, IL 60415,7000 Southwest HWY
Chicago Ridge, IL 60415,7000 Southwest HWY

$708,000

Est. payment /mo

$689,900

2.6%
Est.Price: ?

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7000 Southwest HWY Chicago Ridge, IL 60415

10,000 SqFt

SOLD DATE : 12/28/2020

Key Details

Sold Price $708,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $70

MLS Listing ID 10910906

Sold Date 12/28/20

Year Built 1980

Annual Tax Amount $27,209

Tax Year 2019

Lot Dimensions 220X100+

Property Description

Outstanding opportunity for the investor, with an excellent, 10% capitalization rate! This high traffic location with easy access to expressways is a retail/office/commercial building about 10,000+- sq ft. Flexicore/brick construction; 5 storefront spaces (including a double-wide space), plus 6 office spaces and an apartment. New fire alarm system, 15 years on the roof, and all water heaters are individual for the units. 3/4-acre lot with 40+ parking stalls adjacent to multi-building condo complex, extended care facility, county court complex & near the Tri-State.

Location

State IL

County Cook

Area Chicago Ridge

Zoning COMMR

Interior

Cooling Wall Sleeve

Fireplace N

Building

Level or Stories 2

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Dick Post • R M Post Realtors
Bought with Tericia Ruff • UTR Investments LLC

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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