Sign Up Login

225 W Joe Orr Road, Chicago Heights, IL 60411

$399,000
  • Main Photo

6 Total Photos [Click to View All]

Featured Listing Active
SQUARE FEET3,290 MLS#11274268
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

The Subject 3,290 Sq Ft Well-Built Brick and Concrete Building is a Stand-Alone Former Bank Branch with a Drive-thru Window. The B-1 zoned location is ideal for use as a Recreational Dispensary, medical office, pharmacy, retail store or professional office. Features include a US bank grade VAULT, night drop safe, large US bank grade fireproof records room, several conference/meeting/ office rooms and 33 parking spaces. There is a fully finished 3,000 SF BASEMENT with 2 staircases and an ELEVATOR. The ADA and building code compliant property has a current retail Certificate of Occupancy. *The seller is willing to guarantee a Recreational Dispensary use as a condition precedent of the sale. *Seller/lessor guarantees as a condition precedent to the lease/sale that the property does not violate any radius rule and the City of Chicago Heights supports fully the property's use as a recreational dispensary. *Seller will credit buyer at closing all code required dispensary build-out costs to include enclosing the rear drive-thru teller lane with automatic garage doors, fulfilling the state requirement for enclosed delivery unloading. *For buyers negatively impacted by the US Senate's failure to pass S.A.F.E., the seller may entertain creative financing and/or profit sharing in trade for building ownership. * Located near the busy high traffic intersection of Dixie Hwy and Joe Orr Rd., the property is close to the famous Crossroads of the Nation. * Current bank branch real estate taxes should qualify for a reduction as a retail reclassification in 2021. * Available for rent ($12NNN) or purchase.

225 W Joe Orr Road | MLS# 11274268

This commercial property located at 225 W Joe Orr Road, Chicago Heights, IL 60411 is currently listed for sale by Baird & Warner, with an asking price of $399,000. Search Chicago Heights real estate on www.bwnewclientcare.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.94 Acres
Stories: 1.0
Taxes: $83,795
Year Built: 1975

Feature Descriptions

Days on Site: 372
Electric: Other
Exterior: Brick, Concrete
Fire Protection: Other
Flooring: Carpet, Concrete, Tile
Foundation: Concrete Perimeter
HVAC: Central Bldg Heat
Location: Public Transport Avail
Lot Dimensions: 192X131X191X130
Miscellaneous Indoor: Common Lunchroom/s, Common Meeting Room/s, Elevator/s Passenger, Handicapped Access, Handicapped Equip Washroom/s, Private Restroom/s, Public Restroom/s, Storage Inside, Basement, Explosion/Fireproof Room
Parcel#: 32171150350000
Parking: 31-50 Spaces, Private Lot
Parking Total: 33
Parking Total: 33
Tenant Pays: Other
Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Listed By / Shown By

Listed By

Agency Name: Baird & Warner
Agent Name: Valerie Kearns
Agency Phone: 708-798-1855

Location

See details and scored characteristics about this location.

Login to My Homefinder

Login to My Homefinder