CALUMET PARK, IL 60827- 3,150 SQ FT COMMERCIAL BLDG IN GOOD CONDITION
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ITEM DESCRIPTION

Calumet Park, IL 60827- 3,150 sq ft Commercial Building in good condition

12058 S Marshfield Ave, Calumet Park, IL 60827

Built in 1970 - Located in 'hot' Calumet park in Chicago , IL. The area is booming with new development.

3,150 sq ft Commercial building in good condition suitable for a variety of uses.

Great potential. Income / Investment property or owner occupier.

Two Private Offices, Large Store Front Area, Private Bath Room With Shower. Huge Warehouse/Garage With Private 2 Garage Bay.

 

Very Good location:

The property is located in a corner with easy street access.

Located in an area that being heavily developed

Easy Access To major highways:  Interstate 57 and Interstate 294.

Downtown Chicago 15 miles (about 20 minutes)

Demographics within 5 miles*:

Population: 400,000

White alone: 125,000  Black alone : 250,000

Average 2012 Household Income: $62,599

Population change 2010-2012 (within 1 mile): +1.83%

* 2012 - Loopnet

 

Suitable for a variety of uses to include:

Retail, offices, bank, Day care center, restaurant, club, light industrial/ manufacturing, service center, warehouse, distribution center.

This is a unique opportunity for the savvy business owner, developer or investor to own a potentially high income property at a discounted price in a great location.

 

Great investment opportunity:

Price Comps  

125 E 115th Street, Chicago, IL 60628-  5,800  sq ft - $250,000

12559 S. Holiday Drive, Alsip, IL 60803-  7,500 sq ft - $235,000

9245 S. Ashland Ave., Chicago, IL 60620- 5,600 sq ft -Sold 10/16/2012  $185,000

151 W. 144th St., Riverdale, IL 60827- 2,047 sq ft- $124,900

12645 S Ashland, Calumet Park, IL 60827- 3,250 sq ft- $200,000

 

PROPERTY IS SOLD AS IS, WHERE IS-

Property is sold on a Quit Claim Deed with buyer assuming taxes, liens and encumbrances (if any).

Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer.

Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.

10% non-refundable deposit (minimum $1,000), auction premium (Minimum $250) and $500 deed preparation and doc fee are due within 48 hours of auction close.

Final Payment to be made within 10 days  of the Auction close.

 

All bidders to do their due diligence. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.