$305,000
$299,999
1.7%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 04/10/2025
Key Details
Sold Price $305,000
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12036727
Sold Date 04/10/25
Year Built 1953
Annual Tax Amount $8,369
Tax Year 2022
Lot Size 0.310 Acres
Lot Dimensions 50X203X85X200
Property Sub-Type Instut/To Develop
Property Description
Welcome to a prime commercial opportunity nestled in a bustling locale near O'Hare airport! This unique property, currently zoned residential R-3, presents a lucrative prospect for savvy investors and entrepreneurs alike. Strategically situated on a corner lot along a High-traffic thoroughfare, this versatile space offers immense potential for conversion into a thriving commercial venture. The existing structure provides a solid foundation for redevelopment, with the option to preserve one wall, facilitating the acquisition of a construction loan. Moreover, the property's prolonged vacancy of over a year opens up the possibility for advantageous tax benefits, further enhancing its appeal to astute buyers. Whether envisioning a bustling coffee shop with a drive-thru, a trendy cafe, a boutique retail establishment, or professional offices, the possibilities are boundless with the potential to capitalize on the vibrant surrounding area and steady stream of passing traffic. Don't miss out on this exceptional chance to transform this property into a lucrative investment opportunity. Seize the moment and unlock the full potential of this prime commercial space in a highly sought-after location near O'Hare Airport. Schedule your viewing today and let your entrepreneurial dreams take flight!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Natural Gas Available, Cable Available
View Y/N true
Building
Foundation Concrete Perimeter
Water Municipal Water
Structure Type Brick
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Bought with Joann Daddono • Baird & Warner
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