Map
Listed price in listed location currency (USD).
$85,000

000

MLS® 12750008

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 0
Lot Size 0.12 Acres
Approx. Age 1965
MLS® Number 12750008

Property Address: 3356 147th St, Midlothian, IL, 60445-3654

Average square foot calculated using Size range provided by listing agent.

Description

Do not miss the opportunity to acquire this value-add commercial building for sale at 3356 W 147th Street in Midlothian, Illinois. This approximately 2, 912 SF property provides an affordable opportunity for an owner-user, entrepreneur, investor, or developer seeking to establish a business location along the highly traveled 147th Street/IL Route 83 corridor. The property is currently vacant and offers an existing commercial layout ready for renovation and repositioning. Previously configured for a hospitality use, the building features an open interior with substantial counter space and a flexible floor plan that can be adapted to support a new business concept. At approximately $29 per square foot, the acquisition provides a low entry basis for a buyer looking to invest in improvements and create long-term value. The property is located within Midlothian's B-1 Neighborhood Business Residential District, which supports a variety of neighborhood-oriented commercial uses. Potential uses include restaurant or cafe, specialty retail, professional office, personal services, medical or dental office, art or creative studio, indoor recreation, wellness, and other compatible business concepts, subject to applicable Village requirements and approvals. Location is a major advantage. The Village of Midlothian reports more than 18, 000 vehicles per day along the 147th Street commercial corridor. The property is approximately 0.5 mile from the Midlothian Metra Station, Pace Route 354 serves 147th Street, and Midlothian is approximately five minutes from I-57 and I-294, providing convenient access throughout Chicago and the South Suburban market. An excellent opportunity to acquire an existing commercial building at an approachable price and reposition the property for its next chapter. Buyer to independently verify zoning, proposed use, building condition, square footage, parking, licensing requirements, and all applicable Village approvals.
MLS® Number12750008
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
Basement
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

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