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$ 4,200,000

Est. payment -/mo

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1752 E Joe Orr RD Chicago Heights, IL 60411

UPDATED:

08/23/2024 11:18 AM

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

Listed by Aleksandar Ilic • LX Realty, INC

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