Redevelopment Opportunity

20901 Western Ave Chicago Heights, IL 60411

20901 Western Ave, Chicago Heights, IL, 60411
20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411 20901 Western Ave, Chicago Heights, IL, 60411
FOR SALE
Property Type:
Restaurant
Amount:
$799,000
Last Verified:
Mar 27, 2024

Highlights

  • .88 Acres of land
  • 6,000 sf building
  • Excellent visibility
  • Multi unit property

Description

Introducing a prime opportunity for retail, office, medical or restaurant investors. This property boasts a 6,000 SF building with two units, offering flexible options for a range of businesses. The property features modern construction and a well-maintained facade, providing an attractive canvas for retail or dining establishments. Its strategic location ensures high visibility and accessibility for potential customers. .88 Acres total with excellent frontage.

Well located on busy Western Ave. .88 acres. 6,000 sf building. Owner user retail opportunity or redevelopment of entire site.


Year Built: 2002
Building Size: 6000sq ft
Lot Size: 0.88 acres


Documents

Sale Brochure (Network)

Map of 20901 Western Ave, Chicago Heights, IL, 60411

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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.