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listing
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CommercialFor Sale
$399,000
225 W Joe Orr Road
Chicago Heights, IL 60411
Courtesy of Baird & Warner
MLS: Midwest Real Estate Data
3,290Sq Ft
Est. Mortgage
$2,160/mo

The Subject 3,290 Sq Ft Well-Built Brick and Concrete Building is a Stand-Alone Former Bank Branch with a Drive-thru Window. The B-1 zoned location is ideal for use as a Recreational Dispensary, medical office, pharmacy, retail store or professional office. Features include a US bank grade VAULT, night drop safe, large US bank grade fireproof records room, several conference/meeting/ office rooms and 33 parking spaces. There is a fully finished 3,000 SF BASEMENT with 2 staircases and an ELEVATOR. The ADA and building code compliant property has a current retail Certificate of Occupancy. *The seller is willing to guarantee a Recreational Dispensary use as a condition precedent of the sale. *Seller/lessor guarantees as a condition precedent to the lease/sale that the property does not violate any radius rule and the City of Chicago Heights supports fully the property's use as a recreational dispensary. *Seller will credit buyer at closing all code required dispensary build-out costs to include enclosing the rear drive-thru teller lane with automatic garage doors, fulfilling the state requirement for enclosed delivery unloading. *For buyers negatively impacted by the US Senate's failure to pass S.A.F.E., the seller may entertain creative financing and/or profit sharing in trade for building ownership. * Located near the busy high traffic intersection of Dixie Hwy and Joe Orr Rd., the property is close to the famous Crossroads of the Nation. * Current bank branch real estate taxes should qualify for a reduction as a retail reclassification in 2021. * Available for rent ($12NNN) or purchase.

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Based on information submitted to MRED as of 05/16/2022 02:07 AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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