1801 W 120th St Calumet Park, IL 60827

Price
$300,000
Listed On
Type
For Sale
Status
Active
1801 W 120th St, Calumet Park, IL 60827
1801 W 120th St, Calumet Park, IL 60827
1801 W 120th St, Calumet Park, IL 60827
1801 W 120th St, Calumet Park, IL 60827
1801 W 120th St, Calumet Park, IL 60827
19000 sqft
Asking  $300,000

Snapshot

Property Type
Other
Lot Size
0.69 acres
Property Sqft
19,000
MLS Number
12014361
Year Built
1990
Days On Market

Description

MoHall Commercial presents a transformative investment opportunity with this M2 Business Industrial-zoned warehouse at 1801 120th St, Calumet Park, IL. This property, nestled in a pivotal location within the Cal Sag Enterprise Zone and eligible for the Cook County Class 8 tax incentive, stands as a prime canvas for an investor ready to tap into the lucrative industrial market through strategic renovation. Positioned on a 0.69-acre lot and encompassing 19,000 square feet of adaptable space, this warehouse offers the physical and fiscal room to grow, bolstered by financial incentives aimed at revitalizing and enhancing business prospects. The Cal Sag Enterprise Zone provides a spectrum of benefits including substantial savings, while the Cook County Class 8 incentive offers a significant reduction in property taxes, creating a fertile ground for development and profit. Calumet Park, IL, is not just a location but a launching pad for businesses, given its proximity to vital highways and expressways, ensuring seamless access to the City of Chicago, less than 20 miles away. This strategic placement, coupled with the property's inherent potential for customization and improvement, renders it an ideal site for investors looking to capitalize on the vibrant industrial ecosystem. The warehouse itself, requiring renovation, is poised for a transformation that could redefine its value and utility in the industrial sector. With two drive-ins, and a minimum 18' clear height to max 30', it offers a robust foundation for a myriad of industrial activities. By leveraging the available incentives and grants, the right investor has the chance to not only refurbish a facility but to also significantly contribute to the economic growth of Calumet Park. This investment opportunity is more than just a property; it's a chance to play a pivotal role in the revitalization of an area poised for growth. It offers the unique combination of immediate benefits through zoning and fiscal incentives, with long-term rewards in an expanding industrial market. Explore the potential of this facility and envision the impact your investment could have in reshaping the industrial landscape of Calumet Park.

More Details

Provider
MoHall Commercial & Urban Development LLC
MLS ID
MREDIL
MLS Name
Midwest Real Estate Data, LLC
MLS Number
12014361
Source
listhub
PARTICIPANT
Name
Moses Hall
Primary Phone
(312) 826-9925
Key
3YD-MREDIL-875865
Email
moses@mohallcommercialud.com
BROKER
Name
MoHall Commercial & Urban Development LLC
Phone
(312) 826-9925
OFFICE
Name
MoHall Commerical & Urban Development
Phone
(312) 826-9925
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listed For Sale$300,000 $16MoHall Commerical & Urban Development
Report issue with price history

Nearby Schools

Elementary School

Burr Oak Academy

0.6 miles awayPK - 02

Elementary School

Burr Oak Elementary School

0.7 miles away03 - 05

Elementary School

Calumet Elementary School

1.2 miles away06 - 08
Get more info on 1801 W 120th St, Calumet Park, IL 60827
Profile
Moses Hall
Listing Agent
(312) 826-9925
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Profile
Moses Hall
Listing Agent
(312) 826-9925
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.