2414 James Street Blue Island, IL ^$ 325,000

2414 James Street

^$ 325,000

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2414 James Street

Blue Island, IL, 60406

^$ 325,000

Studio Baths0.0 Sq 4,000

Monthly Estimate*

^$ 2,270

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Studio

Commercial Property for sale in Blue Island, IL

for $325,000. This 4,000 square foot building was built in 1920 on a lot size of 0.14348.

Move your business here. This industrial/warehouse property was fully redeveloped in 2023. Located in Blue Island, IL, the building contains +/-3,500 SF of warehouse and +/-500 SF of office/other. Great opportunity for an owner-user to take occupancy and hit the ground running in a brand new building. This building is currently zoned C-1. This allows for a Commercial Garage and Warehouse Building. This one story building features 16' Ceilings, Two Overhead Doors 12' high. Property Granted 6b Real Estate Tax Incentive in February-2023, which will dramatically reduce taxes for the next 9 years. Photos in listing start with current photos, followed by a detailed look at the full rehab process.

Commercial Active

Price

^$ 325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,057

Style

Commercial

Lot Size

0.14348

Year Built

1920

Town/City

Blue Island

County/Region

Cook

MLS | Web ID

11985416

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Sanitary Sewer

Zoning INDUS

Construction Materials Brick

Year Built 1920

Electric Circuit Breakers Power - 240V Three Phase

Tenant Pays Other

Stories 1

Property SubType Garage

Tax Year 2022

Current Use Commercial

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Possible Use Commercial Industrial Office and Research Development Retail

Status Active

Directions I-57 W. on 127th St. or 294 E. on 127th St. to Western Ave. S. Ver to right beford bridge to James St. Right

City Blue Island

Total Units 1

MLS Area Blue Island

Lot Size Square Feet 6250

Street Name James

Tax Annual Amount 16057

Additional Parcels Y/N N

Leasable Area 4000

Days on Market 57

Lease Type N/A

Standard Status Active

Exterior

Building Area Total 4000

Lot Dimensions 62.5 X 100

Frontage Type Frontage Road Public Road

Interior

Street Suffix Street

* Excluded Features

List By

Atlas Asset Management Realty Llc

Broker

edward@atlasmanagementcorp.com;edwardbluemel@yahoo.com

Affordability Calculator

$3,608

Per Month

Monthly Principal & Interest: $2,270
Monthly Property Taxes: $1,338
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Blue Island, IL

Average List Price ^$542,088

Percent of Sale Price 67%

About Blue Island, IL

23,266 Population

-2% Since 2002

^$41,392 Median Income

33.79 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$325,000	-6.88%	Price Down
4/1/2024	$349,000	-2.79%	Price Down
2/20/2024	$359,000		Listed Price

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2414 James Street, Blue Island, IL, 60406 is a Commercial Property for sale at $325,000 with 4,000 sqft and a lot size of 0.14348. 2414 James Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 60406 which is in Blue Island, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/27/2024.

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2414 James Street

Commercial Property for sale in Blue Island, IL

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