±4,800 SF Warehouse on 3.75 AC in SBA HUBZone and TIF District

2320 138th St Blue Island, IL 60406

2320 138th St, Blue Island, IL, 60406
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FOR SALE
Property Type:
Warehouse
Amount:
$1,275,000
Last Verified:
Apr 30, 2024

Highlights

  • ±4,800 SF Warehouse on 3.75 AC
  • Fenced Yard | Expansion Opportunity
  • 2- 16'x14' DID | Floor Drains
  • 3 Offices | Reception | Kitchenette
  • SBA HUBZone and TIF District
  • Cook County Tax Incentives
  • Cal-Sag Enterprise Zone

Description

SVN Chicago Commercial is pleased to present 2320 138th Street an approximately 4,800 SF Industrial Warehouse on 3.75 AC in Blue Island, Illinois. The warehouse is 20' ceiling height with 2- 16'x14' drive-in doors, Forced Gas Heaters, floor drains, shop office, security alarm, updated lighting, diesel tank, fenced and screened yard with additional land opportunity for expansion. Additional reception, lobby, 3 offices, private restroom, kitchenette, breakroom, storage, HVAC and 8 parking spaces in front.

The City of Blue Island is approximately 16 miles south of Chicago in Cook County. Easy access to I-57 and I-294.


Year Built: 1996
Building Size: 4800sq ft
Lot Size: 3.75 acres


Documents

SVN - Sale Brochure

Map of 2320 138th St, Blue Island, IL, 60406

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.