$ 4,200,000
1752 E Joe Orr RD Chicago Heights, IL 60411
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$ 4,200,000
Est. payment | /mo
$ 4,200,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12137345
Annual Tax Amount $2,432
Tax Year 2022
Lot Dimensions 613X2609
Property Description
*ATTENTION DEVELOPERS/INVESTORS* Great location, near I-294, I-94, I-80 and I-57. 35 Acre, M-2 zoned lot, semi truck parking allowed. Plans approved for 7 warehouses at 13,832 sq. ft in total with 6 bays. Plans include 559 truck parking spaces. Traffic impact study for proposed truck parking done as well. No wetlands, rent proforma is $42,000 monthly per lot, for $3,528,000 annual in total. Construction cost estimates available for the warehouses along with a full set of plans. Great location for trucking businesses, ABF Freight 2 minutes away, FedEx Freight 5 minutes, 6 minutes to XPO and Ford Motor Co. plant, close to United Rentals. Possibility to have 5 billboards on the state road for additional income.
Location
State IL
County Cook
Area Chicago Heights
Interior
Fireplace N
Exterior
Utilities Available Other
Waterfront false
Building
Dwelling Type Land
Schools
School District 169 , 169, 169
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Aleksandar Ilic • LX Realty, INC
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Sanjay Marathe
REALTOR® | Lic# 475168373