14623 Waverly Avenue,Midlothian, IL 60445
Midlothian, IL 60445
Description
### **PRIME MIDLOTHIAN INVESTMENT & BUSINESS OPPORTUNITY** **Don't miss this opportunity!** Invest in an expansive **4,000-square-foot brick commercial building offering excellent visibility, functionality, and convenient access to major transportation routes. The property is currently ready for immediate occupancy**, providing an owner-user or investor with the flexibility to establish a business, expand operations, or reposition the property for a variety of permitted uses. The building features **three (3) overhead doors, with 12ft and 10 ft heights, a side drive, and front parking**, providing excellent functionality for businesses requiring loading, vehicle access, or additional parking. **Recent improvements add significant value**, including **upgrades to the electrical system and natural gas service**, as well as a newer roof, glass block windows, tuckpointing, and **framing that has been started for a new ADA-compliant bathroom**, allowing the next owner to continue the improvements and customize the space to meet their specific operational needs. The property is zoned **O/I - Office/Limited Industrial District**, offering a range of potential commercial and light industrial applications, subject to municipal approval. Potential uses may include **mini-warehouse/distribution, vehicle repair garage, light manufacturing, contractor-related operations, warehouse uses, and other office/industrial applications** Location is a major advantage. Situated in **Midlothian with convenient access to I-57, I-294, 147th Street, and Metra**, the property provides an excellent strategic location for businesses serving the south suburban Chicago market. **Whether you are an owner-user seeking an affordable commercial facility or an investor looking for a versatile property with upside potential, this 4,000-square-foot Midlothian opportunity deserves your attention.**
Details
| MLS # | 12749342 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 25 |
| Listing Provided By | Baird & Warner | Michael Galvan |
Features
| SQ Feet | 4,000 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | COMMR |
| Acreage | 0.20 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Roof | Rubber |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Block, Brick |
Utilities
| Utilities | Electric to Site, Natural Gas Available |
|---|---|
| Electric | Service - 201 to 600 Amps |
Taxes
| Tax Year | 2022 |
|---|---|
| Tax Annual Amount | 0 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Midlothian |
| Zip Code | 60445 |
| Area | Midlothian |
| Listing VS Median (in 60445) | |
Price: $259,000 low | high Med: $274,900 sqft: 4,000 low | high Med: 1,308 $ / sqft: $65 low | high Med: $210 On site: 25 low | high Med: 23 | |
Market Activity 60445
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Midlothian |
| Zip Code | 60445 |
| Area | Midlothian |
| Listing VS Median (in 60445) | |
Price: $259,000 low | high Med: $274,900 sqft: 4,000 low | high Med: 1,308 $ / sqft: $65 low | high Med: $210 On site: 25 low | high Med: 23 | |
