Vacant 2,900 SF Office/Retail Available For Sale in Portage Park - Chicago, IL

4413 N Central Ave North Central Avenue Chicago, IL 60630

4413 N Central Ave North Central Avenue , Chicago, IL, 60630
4413 N Central Ave North Central Avenue , Chicago, IL, 60630 4413 N Central Ave North Central Avenue , Chicago, IL, 60630 4413 N Central Ave North Central Avenue , Chicago, IL, 60630 4413 N Central Ave North Central Avenue , Chicago, IL, 60630
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$450,000
Cap Rate:
0.00%
Last Verified:
Nov 18, 2023

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2 Unit - Office/Retail - Building with 1 car garage. Located near I-90 & I-94 and 10 miles away from O'Hare International Airport.

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Map of 4413 N Central Ave North Central Avenue , Chicago, IL, 60630

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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.