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$2,750,000
Est. payment /mo
20,000 SqFt
UPDATED:
08/18/2024 11:28 PM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $137
MLS Listing ID 12085276
Year Built 1982
Annual Tax Amount $47,861
Tax Year 2022
Lot Dimensions 300 X 290
Property Description
Approximate 20,000 SF industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more! Complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals throughout. Can be easily converted back to industrial, warehouse, flex, light manufacturing, or any entertainment type use. Current build-out includes three loading docks, full kitchen, walk-in cooler, walk-in freezer, 8 restroom facilities, showers, courtyard, locker room and more. The entertainment side of the house includes 4 stages, 2 bars, 8 VIP rooms, private entrances, DJ booth, reception, and coat check room. Mechanicals feature eleven RTU'S (ten 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18' ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports available upon request. Tons of value in the infrastructure alone. Security includes security system, retractable gates, and secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent approximate 24,000 SF industrial facility on 1.3 acres. Please see MLS #12085273 for more information. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Concrete, Tile
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Septic-Private, Water to Site, Cable Available
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Steel Siding
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sarah Malburg • First In Realty, Inc.