1625 Western, Chicago Heights, IL 60411
$575,000
Property Type:
Commercial Sale
Square Footage:
10,000
Lot Size (sq. ft.):
62,500
Status:
Closed
Current Price:
$575,000
List Date:
2/09/2021
Last Modified:
6/19/2024
Overview
Description
Listing Details MLS# 488206
General Property Information
- Living Area
- 10000
- Building Area Source
- Assessor
- Year Built
- 1959
- Lot Size Acres
- 1.4348
- Lot Size Square Feet
- 62500
- Lot Size Dimensions
- 250x250
- Stories
- 0
Property Features
Building Features:
Business District Location; Exposed Under Roof Ceiling(s); Exterior Lighting; Suspended Ceiling(s); Other
Construction Materials:
Block
Cooling:
Central Air
Current Use:
Commercial
Electric:
Other
Foundation Details:
See Remarks
Heating:
Other
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Other
Possession:
Close Of Escrow
Possible Use:
Commercial; Other
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Other
Tenant Pays:
None
Utilities:
Electricity Connected; Natural Gas Connected; Other
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 724900
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 1625
- Street Name
- Western
- County
- Cook
- State
- IL
- Postal Code
- 60411
- Subdivision Name
- none
Remarks and Miscellaneous
- Public Remarks
- BRAND NEW ROOF March 2021. Opportunity is knocking...Fully operational Car Wash on prime frontage off WESTERN AVE. Take the plunge while the rates are at all time low's and open or expand that business you've always wanted to. During it's busiest times this Car Wash averaged around 410 cars per day (that's close to 150,000 cars per year) and the busiest day pulling in 1648 cars in 1 DAY-----Do the math and start counting your money. There is so much potential with what being offered and the possibility of expansion. Daily traffic counts in October 2020 are 26,900 on Lincoln Highway and 13,400 on Western Avenue. All equipment is included and maintained daily, New computer system and conveyor installed in 2004. BONUS.. this property offers the huge paved lot to the north giving you PLENTY of room to expand!!! This business has been owned by the same family for 91 years, owner is retiring and is willing to stay on and train the new owner.
Status Change Information
- Major Change Timestamp
- 2024-02-18T02:06:29Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2024-02-18T02:06:29Z
- Status Change Timestamp
- 2022-05-02
- Offer Acceptance Date
- 2021-11-29
- Close Date
- 2022-05-02
- Close Price
- 575000
- Concessions
- No
- Buyer Financing
- Cash
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- New Taxes Expense
- 23266
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
- Trash Expense
- 0
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- Agents must be present. Please do not talk to any employee's., Please allow 24 hours notice for showings
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Frontage Access: Public Road,Stop Sign Intersect, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Tax Legal Description
- Legal Description: 32193160110000, 3219316035000 and 32193160410000
- Directions
- Rt. 30 to Western, head south on Western. Property located on the East side of the street.
Construction Materials
- Block
- Yes
Cooling
- Central Air
- Yes
Electric
- Other
- Yes
Foundation Details
- See Remarks
- Yes
Heating
- Other
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Other
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Other
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Other
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- None
- Yes
Current Use
- Commercial
- Yes
Possible Use
- Commercial
- Yes
- Other
- Yes
Building Features
- Business District Location
- Yes
- Exposed Under Roof Ceiling(s)
- Yes
- Exterior Lighting
- Yes
- Suspended Ceiling(s)
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
SCHUPP Real Estate
Last Updated: June - 19 - 2024
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