Contact us: 563.441.1776
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.**
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1952
General Information
County: Cook
Listed By:
Baird & Warner
708-460-1400
MRED MLS
MLS ID: 12749342
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14623 Waverly Avenue , Midlothian, IL 60445.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $259,000 | $259,000 | $259,000 |
| Down Payment | $51,800 | $9,065 | $64,750 |
| Monthly Mortgage Amount | $1,310 | $1,607 | $1,626 |
| Taxes | $360 | $360 | $360 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $114 | $0 |
| Monthly Estimated Total | $1,770 | $2,181 | $2,086 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/06/2026. The listing information on this page last changed on 09/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 09/06/2026 12:15:45 AM EST) or MRED MLS (last updated Sun 09/06/2026 12:11:53 AM EST) or SCWMLS (last updated Sat 09/05/2026 11:55:27 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 09/05/2026 10:15:27 PM EST) or Cedar Rapids MLS (last updated Sat 09/05/2026 10:44:38 PM EST) or NEIRBR MLS (last updated Sun 09/06/2026 12:08:41 AM EST) or ICAAR MLS (last updated Sat 09/05/2026 8:32:38 AM EST) or ECIMLS (last updated Sat 09/05/2026 11:44:33 PM EST) or RMLSA (last updated Sun 09/06/2026 12:10:57 AM EST) or Muscatine MLS (last updated Sun 09/06/2026 12:00:10 AM EST) or No Coast MLS (last updated Sun 09/06/2026 12:14:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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