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Industrial in SBA HubZone with Incentives 16030 Park Ave

26,000 SF 100% Leased Industrial Building Harvey, IL 60426 $1,295,000 ($50/SF)

Investment Highlights

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

Executive Summary

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.

Attachments

Sale Brochure

Property Facts

Price $1,295,000
Price Per SF $50
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 4.56 AC
Rentable Building Area 26,000 SF
No. Stories 1
Year Built 1974
Clear Ceiling Height 20 FT
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-20-112-042-0000
Land Assessment
$2,513
Improvements Assessment
$6,397
Total Assessment
$8,910

zoning

Zoning Code Light Industrial
Light Industrial
  • Listing ID: 31511261

  • Date on Market: 9/14/2022

  • Last Updated:

  • Address: 16030 Park Ave, Harvey, IL 60426

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