$259,000
( $64.75Per Sq Foot )
 $1,390 est/mo Sourced by Back At You

14623 Waverly Avenue,Midlothian, IL 60445

Midlothian, IL 60445

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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 TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1952
Days On Site36
Listing Provided ByBaird & Warner | Michael Galvan

Features

SQ Feet4,000
Story(s)1
Units1
ZoningCOMMR
Acreage0.20

Interior

CoolingCentral Air

Exterior

RoofRubber
Foundation DetailsConcrete Perimeter
Construction MaterialsBlock, Brick

Utilities

UtilitiesElectric to Site, Natural Gas Available
ElectricService - 201 to 600 Amps

Taxes

Tax Year2022
Tax Annual Amount0

Area Information

StateIL
CountyCook
CityMidlothian
Zip Code60445
AreaMidlothian
Listing VS Median (in 60445)
Price:
$259,000
low | high
Med:
$279,400
42.123552123552% of Average
sqft:
4,000
low | high
Med:
1,091
100% of Average
$ / sqft:
$65
low | high
Med:
$258
100% of Average
On site:
36
low | high
Med:
43
83.720930232558% of Average
Sourced by Back At You

Market Activity 60445

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Contact

Learn More About This Property

Chicagoland Brokers Inc

Chicagoland Brokers Inc

 (773) 317-4414e_orlovska@yahoo.com
StateIL
CountyCook
CityMidlothian
Zip Code60445
AreaMidlothian
Listing VS Median (in 60445)
Price:
$259,000
low | high
Med:
$279,400
42.123552123552% of Average
sqft:
4,000
low | high
Med:
1,091
100% of Average
$ / sqft:
$65
low | high
Med:
$258
100% of Average
On site:
36
low | high
Med:
43
83.720930232558% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $194K - $323K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
3433 W 147th Street Property Photo 1
$240,000
3433 W 147th Street
Midlothian, IL 60445
Listing Updated: September 28, 2026 at 5:25:58 PM PDT
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