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INVESTMENT HIGHLIGHTS
- Great freestanding completely updated Commercial Office Mixed use, Retail, Light manufacturing Center for sale opportunity in North Chicago IL,
- Building is 5,400 total SQ FT, The land site is 25,265 SQ FT. 196.05 SQ FT of Frontage along Greenbay Road.
- Kitchen, two wide open Multi purpose Production rooms with high ceilings which can be reconfigured, The offices have large windows with sunny exposure
- Extremely rare offering here. Currently built-out for a Printing company, B-2 General Business Zoning. Impeccably maintained. High security entrance
- The building features on the first floor an attractive open reception area and foyer, 2 office rooms, 2 bathrooms, 1 utility room and 2 storage rooms.
- 1 Drive in Door (DID) The property also Features a rear yard, This site has excellent road access, 11,900 Cars pass this location a day (VPD)
EXECUTIVE SUMMARY
Great freestanding completely updated Commercial Office Mixed use, Retail, Light manufacturing Center for sale opportunity in North Chicago IL, Extremely rare offering here. Currently built-out for a Printing company, B-2 General Business Zoning. Impeccably maintained. High security entrance doors, and cameras. Building is 5,400 total SQ FT, The land site is 25,265 SQ FT. 196.05 SQ FT of Frontage along Greenbay Road. The building features on the first floor an attractive open reception area and foyer, 2 office rooms, 2 bathrooms, 1 utility room and 2 storage rooms. Kitchen, two wide open Multi purpose Production rooms with high ceilings which can be reconfigured, The offices have large windows with sunny exposure and attractive surroundings, 1 Drive in Door (DID) The property also Features a rear yard, This site has excellent road access located just North of the intersection of Martin Luther and Green Bay or south of Casimir Pulaski and Green bay, 11,900 Cars pass this location a day (VPD) on Greenbay Road Easy access to the North Chicago Business and Medical district. The building utilizes 200 + amp electric system and has plenty of parking in a large parking lot that surrounds the property. The Parking lot is in Great Shape. Parking is for about 30 cars. the Property also features a 2 Car Garage. The building is completely wired for computer networks, This property presents the unique opportunity to acquire a stand-alone Commercial Office Mixed use, Retail, Light manufacturing, building in North Chicago, Ideal for a variety of commercial uses: perfect for new owners for Office, Retail, Professional or medical use, Light Manufacturing, hospice care, medical center, surgical center dental, podiatry, law firm, insurance, technology, financial trading, Real Estate, accounting office or Investment, or you can redevelop the Parcel. Do not contact Owner. Please call the listing broker for all showings.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$22,117
|
$4.10
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,117
|
$4.10
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $22,117 |
| Annual Per SF | $4.10 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $22,117 |
| Annual Per SF | $4.10 |
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1992
Price
$1,393,805 CAD
Price Per SF
$258.11 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.58 AC
Zoning
B2 - General Business District
Parking
15 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Pylon Sign
- Security System
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 08-31-409-016 | Total Assessment | $172,049 CAD (2024) |
| Land Assessment | $28,307 CAD (2024) | Annual Taxes | $22,117 CAD ($4.10 CAD/SF) |
| Improvements Assessment | $143,742 CAD (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
08-31-409-016
Land Assessment
$28,307 CAD (2024)
Improvements Assessment
$143,742 CAD (2024)
Total Assessment
$172,049 CAD (2024)
Annual Taxes
$22,117 CAD ($4.10 CAD/SF)
Tax Year
2023
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1550 Green Bay Rd
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