1754 E Joe Orr Road Ford Heights, IL ^$ 4,200,000

1754 E Joe Orr Road

^$ 4,200,000

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1754 E Joe Orr Road

Ford Heights, IL, 60411

^$ 4,200,000

Studio Baths0.0 Sq 16,300

Monthly Estimate*

^$ 27,915

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Studio

Commercial Property for sale in Ford Heights, IL

for $4,200,000. This 16,300 square foot building was built in 1983 on a lot size of 46.8146.

46.81 Acres / Industrial potential Ford Heights is open to Re-Zone M-3 for Truck Terminal, Warehouse, Truck Repair, Retail-Commercial Sales & More Property has New Warehouse 12,300 sf Several Out Buildings Totaling 4,000sf New TIF and Class 8 are also on the table. Current use retail sales of Flower and Vegetables Green Houses are Negotiable. Sale of property contingent upon Seller securing new location. Seller Lease back open for discussion thru 2024 Acres: 46.8 +/- Dimensions 781' x 2,609' / 2,039,243 Zoned: R-1A Real Estate Tax : $46,745.00 3 Phase Electric on site Easy Expressway access, Large Gravel Yard, Gas, Electric, 2-Wells & Septic, 3 Curb Cuts AREA DESCRIPTION: 30minutes south of Chicago 7 minutes I-80 . Lots of new development for Industrial use on the rise. Ken Peach to assist in Zoning change for Buyer's use.

Commercial Active

Price

^$ 4,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 46,745

Style

Commercial

Lot Size

46.8146

Year Built

1983

Town/City

Ford Heights

County/Region

Cook

MLS | Web ID

11979078

Features

General

Cooling Central Air

Zoning INDUS

Construction Materials Steel Siding Wood Frame Other

Year Built 1983

Electric Circuit Breakers Service - 101 to 200 Amps Service - 201 to 600 Amps

Tenant Pays Electricity Heat Janitorial Service Insurance Repairs Varies by Tenant

Stories 1

Township Bloom

Property SubType Mixed Use

Tax Year 2022

Current Use Commercial

Gross Income 0

County Cook

Operating Expense 46745

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Industrial Retail Special Use Zoning Change Required Other

Status Active

Directions I-80/94 to IL 394 then south to Glenwood Dyer RD go east to Stony Island then South on Stony to Joe Orr Rd then East to property.

City Ford Heights

Total Units 0

MLS Area Ford Heights

Lot Size Square Feet 2039243

Street Name Joe Orr

Tax Annual Amount 46745

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N Y

Days on Market 74

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 16300

Lot Dimensions 781X2609

Interior

Street Suffix Road

* Excluded Features

List By

Coldwell Banker Realty

Broker

ken.peach@aol.com;ken.peach@aol.com

Affordability Calculator

$31,810

Per Month

Monthly Principal & Interest: $27,915
Monthly Property Taxes: $3,895
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ford Heights, IL

Average List Price ^$4,200,000

Percent of Sale Price 0%

About Ford Heights, IL

2,759 Population

-13% Since 2002

^$25,854 Median Income

29.51 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$4,200,000	-16.00%	Price Down
2/12/2024	$5,000,000		Listed Price

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1754 E Joe Orr Road, Ford Heights, IL, 60411 is a Commercial Property for sale at $4,200,000 with 16,300 sqft and a lot size of 46.8146. 1754 E Joe Orr Road is a studio with 0.0 baths and was built in 1983. The property's zip code is 60411 which is in Ford Heights, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/29/2024.

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1754 E Joe Orr Road

Commercial Property for sale in Ford Heights, IL

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