ADD FREE LISTING

Former Bank Branch For Sale In Chicago Heights/ Dispensary Use Guaranteed/ Build-Out Credited at Closing/ Creative Financing Available

225 West Joe Orr Road, Chicago Heights, IL 60411, USA
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Cannabis Real Estate Listings | Cannabis Retail Properties For Sale

Listing ID : 70223

Posted on March 5, 2020 View Count 326

Price For Sale:
$550,000
Size:
3,200 Sq. Ft.
Lot Size:
.93 Acres
Utilities:
Electricity, City Water, Solar
Year Built:
1975
City Cannabis Tax Rate:
0%
Cannabis or Hemp Use:
Cannabis Only
Terms of Sale:
Cash, Financing , Owner Financing, Joint Venture
Company Name:
Baird Warner
Phone:
708-945-6539
Email:
Valerie.Kearns@BairdWarner.com
Description :

Well situated in Chicago Height’s business district, 225 W Joe Orr Rd Chicago Heights IL 60411 is a former bank branch building for sale, zoned B-1 and preliminarily approved for use as a dispensary. The property is a 3200 sq ft stand alone secure building w/ 32 parking spaces, sitting on nearly an acre of prime B-1 zoned land. In addition to a US bank grade walk-in vault and a teller safe, the building features an additional 3000 sq ft of finished basement where a large US bank grade locking fireproof records’ room is located.

 

A few points:

  • Owner/ seller will guarantee, as a condition precedent of sale, that the City will approve the property for use as a recreational dispensary.
  • Owner/ seller will credit buyer at closing all code required build-out cost estimates.
  • Owner/ seller may accept creative financing from buyers impacted by US Senate’s failure to pass S.A.F.E..

 

Please contact listing agent, Baird Warner’s Valerie Kearns  at 708-945-6539  in order to see the property and have any questions answered.

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