$259,000

14623 Waverly Avenue, Midlothian, IL 60445

  • 4,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $65/sqft
  • Property List Date Icon Listed ——

Property 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.**

Listing Status:
Active
Data Last Updated:
October 11, 2026 at 2:19AM
Listing Office:
Baird & Warner : 773-732-8843
Listing Agent:
Michael Galvan : 773-732-8843
MLS ID:
12749342
  • A/C: Central Air
  • Roofing: Rubber
  • General: Concrete Perimeter
  • Road/Access: City Street
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR28111210030000
  • Current Use: Commercial
  • Utilities: Electric to SiteNatural Gas AvailableService - 201 to 600 Amps
  • Source: mred

This listing courtesy of Michael Galvan , Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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