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    1723 N 25TH Avenue

    Melrose Park, IL 60160
    • $535,000
    • STATUS: Active
    • ON SITE: 83 days
    • MLS #: 10974371
    UPDATED: 24 min ago
    $535,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Melrose Park
    Type:
    Commercial
    Built:
    1975
    County:
    Cook
    Area:
    Melrose Park

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    Description

    ATTENTION INVESTORS! LEASED TO 2 LONG TERM TENANTS (5 AND 10 YEARS). WELL MAINTAINED 12,000 SF OFFICE/WAREHOUSE BLDG. WITH LARGE PARKING LOT & 16 SPACES INCLUDED WITH PURCHASE. OFFICE WITH 8 INDIVIDUAL OFFICES, NEWER H.V.A.C., NEWER CARPETING, CERAMIC LOBBY, KITCHEN, 5 WASHROOMS AND CONFERENCE ROOM. 3 PHASE 480 AMPS IN BOTH SIDES OF BUILDING. 2 DRIVE IN DOORS. GREAT LOCATION AND EXPOSURE! EASY ACCESS TO 25TH AVE BRIDGE. 2 BLOCKS SOUTH OF NORTH AVE. PARKING LOT HAS A SEPARATE PIN NUMBER AND TAXES. PROPERTY HAS A TOTAL OF 6 PIN NUMBERS. TWO 6,000 SF LONG TERM TENANTS. NORTH 1/2 HAS 10 YEARS LEFT ON LEASE. SOUTH 1/2 HAS 5 YEARS LEFT ON LEASE.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T12:54:49.263 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1723 N 25TH Avenue Melrose Park, IL 60160

    • Price: $535,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 10974371
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    12,000
    SQFT
    $45
    $/SQFT
    1975
    Built
    Neighborhood:
    Melrose Park
    County:
    Cook
    Area:
    Melrose Park
    Property Description
    ATTENTION INVESTORS! LEASED TO 2 LONG TERM TENANTS (5 AND 10 YEARS). WELL MAINTAINED 12,000 SF OFFICE/WAREHOUSE BLDG. WITH LARGE PARKING LOT & 16 SPACES INCLUDED WITH PURCHASE. OFFICE WITH 8 INDIVIDUAL OFFICES, NEWER H.V.A.C., NEWER CARPETING, CERAMIC LOBBY, KITCHEN, 5 WASHROOMS AND CONFERENCE ROOM. 3 PHASE 480 AMPS IN BOTH SIDES OF BUILDING. 2 DRIVE IN DOORS. GREAT LOCATION AND EXPOSURE! EASY ACCESS TO 25TH AVE BRIDGE. 2 BLOCKS SOUTH OF NORTH AVE. PARKING LOT HAS A SEPARATE PIN NUMBER AND TAXES. PROPERTY HAS A TOTAL OF 6 PIN NUMBERS. TWO 6,000 SF LONG TERM TENANTS. NORTH 1/2 HAS 10 YEARS LEFT ON LEASE. SOUTH 1/2 HAS 5 YEARS LEFT ON LEASE.
    Exterior Features

    Construction Materials BrickBlockSteel Siding Foundation Details Concrete Perimeter Frontage Type City Street Number Of Drive In Doors 2 Number Of TLDocks 0 Outdoor Parking 13-18 SpacesLightedPaved Parking Total 16 Roof Rubber Roof Structure Flat

    Interior Features

    Ceiling Hgt Max Ft 12 Ceiling Hgt Max In 0 Ceiling Hgt Min In 0 Cooling Central Air Electric 480V Power Fire Protection Alarm MonitoredAlarm On SiteHydrants On SiteSmoke Or Fire Protectors Flooring Concrete Heat Ventilation Forced AirGas Leasable Area 0 Number Of Freight Elevators 0

    Property Features

    Additional Parcels YN Yes Built Before1978 YN Yes Cap Rate 10 Current Use Commercial Geographic Locale Northwest Suburban Gross Income 79200 Gross Scheduled Income 79200 Investment YN Yes Known Encumbrances None Known Lot Size Dimensions 151X126 Min Avail Sq Ft Rentable 0 Number Of Tenants 2 Operating Expense 27180 Possible Use Commercial Property Offered For Sale Only Tax Annual Amount 27180 Tax Year 2019 Tenant Pays Other Total Monthly Income 6600 Utilities Sanitary SewerWater-Community Water Drainage None Zoning Manuf

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Gmc Realty Ltd.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T12:54:49.263 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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