14740 Oakley Ave Harvey, IL 60426-2800
- Industrial properties
- 0.04 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 14740 Oakley Ave
- Lot size
- 0.04 lot acres
- Property type
- Industrial properties
- APN
- 29-07-302-020
- APU
- 2907302020
Description
This exceptional 15,000 square foot industrial property, situated on a 0.65-acre lot at 14740 Oakley Avenue in Harvey, Illinois, presents a compelling investment opportunity. Its strategic location offers unparalleled accessibility, just two minutes from I-57 and five minutes from I-294, ensuring seamless transportation and logistics. The building boasts a robust infrastructure designed to support diverse operational needs. Two loading docks and two drive-in doors, including a 10' x 10' and a 14' x 16' door specifically suited for equipment maintenance, facilitate efficient material handling. A well-appointed second-floor office space, complete with panoramic windows offering views of the warehouse and shop area, fosters a productive and collaborative work environment. The first floor includes a dedicated conference room, perfect for meetings and presentations. Safety and operational efficiency are prioritized with a triple catch drainage system and wet sprinklers throughout. The warehouse and shop area features a generous 24' ceiling height, accommodating a wide range of equipment and operations. The property is fully fenced and gated, providing secure parking and enhancing overall security. Priced at $1,350,000, this versatile property is perfectly suited for businesses requiring ample storage, maintenance facilities, or other industrial applications. This is a rare opportunity to acquire a well-maintained and strategically located industrial property in a thriving market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $240,000
- 6.5%
- $280,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $235,000
- Mixed-Use
- $240,000
- Hospitality
- $275,000
- Educational
- $280,000
- Residential Income
- $320,000
- Energy
- $325,000
- Income-Based Land
- $235,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Harvey
- County
- Cook
- State
- Illinois
- Longitude
- -87.6727
- Latitude
- 41.6215
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA