Warehouse | Office | Residential and Yard for Sale in SBA HubZone and Incentives

16030 Park Avenue (16022 & 16029 Loomis Avenue) Harvey, IL 60428

16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428
16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428
FOR SALE
Property Type:
Warehouse
Amount:
$1,295,000
Last Verified:
Oct 03, 2024

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Highlights

  • ±26,000 SF Warehouse, Office
  • 2 Residential Homes and Storage Shed
  • ±4.56 AC Fenced Yard | Outside Storage
  • 5- DID | 4- 12'x14', 1- 8'x8'
  • Clear Height 14' to 20'
  • Zoned Light Industrial | Heavy Power
  • Multiple Incentives Available

Description

SVN Chicago Commercial is pleased to present 16030 Park Avenue (16029 Loomis Avenue) a ±21,000 SF Warehouse,±3,750 SF Garage and Machine Shop, ±1,100 SF Office with basement, 2- ±1,075 SF Residential Homes, and Storage Shed on ±4.46 AC Fenced Yard in Harvey, Illinois. Operating as Harvey Cement Products formed in 1947 manufacturing and providing concrete structural bricks, cast stone, and masonry products. The warehouse has heavy power (600 V, 3-phase), 12'x14' DID, clear height from 14' to 20', floor drain, radiant heat. Zoned Light Industrial and close to I-294 and the Chicago Intermodal Railroad Ramp.
Many incentives opportunities include SBA Hubzone, Cal-Sag Enterprise Zone, Opportunity Zone, and Thornton Township Class 8 Tax Reduction.

The City of Harvey is located approximately 21 miles south of Chicago in Cook County, Illinois. Recent area revitalization is occurring with the 51-unit Harvey Lofts residential development. A Transit Oriented City with 2 Metra Electric Stations, multiple PACE Bus options, and Greyhound Bus Station. Near Interstate Highways I-57, I-294, I-94. I-80 and across from the CN Chicago Intermodal Terminal.

Building Size: 26000sq ft
Lot Size: 4.56 acres


Documents

SVN - Sale Brochure

Map of 16030 Park Avenue (16022 & 16029 Loomis Avenue), Harvey, IL, 60428

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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.