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1408-14 Saint Charles Rd

0.4 Acres of Commercial Land Offered at £51,351 in Maywood, IL 60153

Executive Summary

This property is being offered for sale by the Cook County Land Bank Authority https://www.cookcountylandbank.org/.
This is not a traditional sale.
Differences:
You must apply on the CCLBA Website prior to touring property.
You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens.
Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation.
You will need a contractor’s estimate to bring property to occupancy permit.
You will need a letter or email of support from the Village or City.
You will need to show the CCBA funds to acquire and rehab the property.
The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss.
Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing.
Buyers pay their own brokers directly.
Similarities:
I am here to help you navigate through the process.
Must register at http://www.cookcountylandbank.org prior to showing.

Attachments

Marketing Brochure/Flyer
CCLBA instructions

Property Facts

Price £51,351 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Hold For Development
  • Storefront, Retail or Office
No. Lots 1 Total Lot Size 0.40 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £51,351
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
  • Storefront, Retail or Office
Total Lot Size 0.40 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £51,351 Lot Size 0.40 AC
Price Per AC £128,991
Price £51,351
Price Per AC £128,991
Lot Size 0.40 AC
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-10-230-043-0000
  • 15-10-230-005-0000
  • 15-10-230-044-0000
 Improvements Assessment £1,290
Land Assessment £54,415 Total Assessment £55,705

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-10-230-043-0000
  • 15-10-230-005-0000
  • 15-10-230-044-0000
Land Assessment
£54,415
Improvements Assessment
£1,290
Total Assessment
£55,705

zoning

Zoning Code BIP
BIP
(847) 849-1912

  • Listing ID: 30673876

  • Date on Market: 16/01/2024

  • Last Updated:

  • Address: 1408-14 Saint Charles Rd, Maywood, IL 60153

The Land Property at 1408-14 Saint Charles Rd, Maywood, IL 60153 is currently available For Sale. Contact Avison Young for more information.

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1408-14 Saint Charles Rd
(847) 849-1912 x

1408-14 Saint Charles Rd

Steven Kohn

(847) 849-1912

(847) 849-1912

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