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1555 S State St
Chicago Heights, IL 60411
1555 State Street · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Standalone
Property Size
4,800 sq ft
Costar Property Class
B
Year Built
2008
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.04
Total Plot Size
3.00 ac
Parking
28 Spaces (6.65 Spaces per 1,000 sq ft Leased)
Frontage
226 ft on 16th St

AMENITIES

  • 24 Hour Access
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

ABOUT 1555 S STATE ST , CHICAGO HEIGHTS, IL 60411

Built in 2008, this four unit, masonry and brick structure sits on 2.432 acres and is fully occupied. The retail spaces are 1200 square feet each with parking for 28 cars. Property is designated Class 8 and taxed at 10% of Market Value for the 1st 10 years. All Four stores are leased. Steady and solid tenants includes Barber Shop, Juice Bar, Accountant and Coffee shop. The property also includes additional 2 Acres of land next to it that's part of the same parcel and can be leased for additional income. This parcel can be leased to storage facilities, Truck parking, industrial, warehouse or distribution, landscaping needs. This can add additional income of $4,000 per month. Solid income producing property, New Fire Alarm system. Very clean and well maintained building. You cannot find anything like this with a positive income producing property anywhere in Chicago Heights. The property is located on the NE Corner of State Street and E. 16th Street in Chicago Heights, IL

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-22-300-071-0000
Land Assessment
£39,257
Improvements Assessment
£6,800
Total Assessment
£46,057
  • Listing ID: 6657345

  • Date on Market: 06/04/2017

  • Last Updated:

  • Address: 1555 S State St, Chicago Heights, IL 60411

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