410 Ashland Ave, Chicago Heights, IL 60411

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410 Ashland Ave is located in Chicago Heights, IL.

VALUE ADDED FULLY LEASED RETAIL BUILDING IN CHICAGO HTS. PERFECT FOR THE OWNER/USER OR INVESTOR. SELLER OCCUPIES 15,000 SF & WILL VACATE THE SPACE OR REDUCE THE AMOUNT OF SPACE FOR OTHER TENANTS. CORNER LOT ON 1.6 ACRES OF LAND. BUILDING IS SOLID WITH BRICK AND STEEL CONSTRUCTION. PRICED AT A 10% CAP RATE W/ POTENTIAL FOR MORE INCOME WITH MARKET RENTS. LOCATED NEAR OTHER RETAIL, OFFICE AND RESIDENTIAL. GOOD TRAFFIC.

PRO FORMA CAP RATE OF ABOUT 13.5% CAP RATE. LOCATED NEAR OTHER RETAIL, OFFICE AND RESIDENTIAL. GOOD TRAFFIC COUNTS. POSSIBLE TAX INCENTIVES FROM THE CITY AND COUNTY.