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    15412 Park Ave Harvey, IL

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    For Sale
    $45,000

    Two-story building with tenant, in industrial area, near tracks.

    Property size:
    5,260 SF
    Lot size:
    0.06 Acres

    Property Features for 15412 Park Ave

    General Information

    Size
    5,260 SF
    Lot size
    0.06 Acres

    Source: Lagestee-Mulder (LM) Agent Martha Winter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Building with Auto Tenant

    This two-story building, encompassing 5,260 square feet on a 2,613 square foot lot, is located in an industrial/commercial area near the tracks, approximately 2.5 miles east of I-294. The property is zoned HC – Highway Commercial. The first floor is currently occupied by an auto tenant on a month-to-month lease, providing immediate cash flow. The second floor is damaged and requires repairs. This property is suitable for either an owner-user or as an investment.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Roger's Auto Repair, B and G Auto Center, E-D Auto Repair and AUTO PARTS and Transmission Rebuilders, Harvey Auto Center, Leons Auto Reair

    Map

    City
    Harvey
    County
    Cook
    State
    Illinois
    Longitude
    -87.6608807
    Latitude
    41.6317009

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    FAQs

    What type of property is this?
    Auto shop - Two-story building with tenant, in industrial area, near tracks.
    Where is this auto shop located?
    The property is located at 15412 Park Ave Harvey, IL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Immediate cash flow from reliable auto tenant on the first floor.; - Zoned HC – Highway Commercial, offering versatile usage options.; - Owner-user or investment property opportunity.
    (224) 523-9174
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    15412 Park Ave Harvey, IL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15412 Park Ave Harvey, IL
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