16030 Park Ave Harvey, IL 60426-5069

Property Details for 16030 Park Ave

Year built

1974

Lot size

0.62 lot acres

Property type

Industrial properties

APN

29-20-112-050

APU

2920112050

Description

This exceptional industrial property, located at 16030 Park Ave, Harvey, IL 60428, presents a unique investment opportunity. The complex encompasses approximately 26,000 square feet of space distributed across four buildings on a 4.56-acre lot. The property includes a warehouse featuring 5 dock-high doors, ceiling heights ranging from 14 to 20 feet, and heavy power (600V, 3-phase). Additional features include floor drains and radiant heat. Beyond the warehouse, the property boasts approximately 1,100 square feet of office space with a basement, two residential homes each approximately 1,075 square feet, and a storage shed. The property is zoned for light manufacturing and benefits from its strategic location near I-294 and the Chicago Intermodal Railroad Ramp. Significant incentives are available, including SBA HubZone, Cal-Sag Enterprise Zone, Opportunity Zone, and Thornton Township Class 8 Tax Reduction. The property's location in Harvey, Illinois, offers convenient access to major transportation arteries, including I-57, I-294, I-94, I-80, and the CN Chicago Intermodal Terminal. The city itself is undergoing revitalization, evidenced by recent developments such as the Harvey Lofts residential project. Public transportation is readily available with two Metra Electric Stations, multiple PACE Bus options, and a Greyhound Bus Station. The asking price is $1,295,000, or $49.81 per square foot, and $323,750 per unit. This property is ideal for owner-users seeking a versatile and strategically located industrial complex.

Location Insight

City

Harvey

County

Cook

State

Illinois

Longitude

-87.6507

Latitude

41.5984

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments