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- LoopNet Team
22025 Governors Hwy
Richton Park, IL 60471
Child Care Center · Specialty Property For Sale · 22,675 SF
Investment Highlights
- Commuter rail station to downtown chicago a short walk away.
- Building constructed in 2007 and specifically designed to comply with state codes and to facilitate efficient operation of a daycare center
- Child Care facility licensed for 232 children with 15 classrooms. Pre-Covid near capacity, back up to approximately 80%.
- Single business operator/ property owner since constructed, impeccably maintained and located near high visibility intersection.
- Building constructed in a fashion that realizes approximately 60% reduction in real estate taxes. (see brochure)
PROPERTY FACTS
| Property Type | Specialty | Building Size | 22,675 SF |
| Property Subtype | Schools | No. Stories | 2 |
| Building Class | B | Year Built | 2007 |
| Lot Size | 2.88 AC | Parking Ratio | 3.53/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 2.88 AC |
| Building Size | 22,675 SF |
| No. Stories | 2 |
| Year Built | 2007 |
| Parking Ratio | 3.53/1,000 SF |
Amenities
- Commuter Rail
- Signage
About 22025 Governors Hwy , Richton Park, IL 60471
A Solid Successful Business With Impeccable Community Reputation — The owner has decided to retire. Includes The school, constructed in 2007, generates over $3,600,000 per year in income and produces a 7.99% return on investment. In addition, there are two apartments Second Floor Owners Four Bedroom Apartment With Fireplace and additional Two Bedroom Apartment. Truly Top-Notch Facility!!! Easily Accessible and Close To Commuter Train. Note: The mixture of commercial and residential in the primary gives it special real estate tax status making its real estate taxes about 60% less than other stand alone schools which are assessed at approximately 2.5 time higher.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $89,584 | |
| Land Assessment | $43,572 | Total Assessment | $133,156 |
PROPERTY TAXES
zoning
| Zoning Code | TC1 (Town Center Core Commercial / Mixed Use District) |
| TC1 (Town Center Core Commercial / Mixed Use District) |
