About This Home

This 0-bedroom, 0-bathroom commercial at 14623 Waverly Avenue in Midlothian, IL is listed for $259,000. Built in 1952, on a N/A lot.

Key Features

  • Built in 1952

Property Details

1952
Listing 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.**

Monthly Cost Estimate

$1,385/mo

20% down · 6.5% · 30 years

Principal$187
Interest$1,122
Insurance$76

Estimates only. Actual payments may vary.

Location

14623 Waverly Avenue

Midlothian, IL 60445

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 14623 Waverly Avenue is listed at $259,000. The estimated monthly payment is $1,386 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952.

This property is listed by Michael Galvan and can be reached at 7737328843.

MG

Michael Galvan

Agent at Baird & Warner Real Estate

(773) 732-8843

Listed by Baird & Warner Real Estate · Broker phone: 7084601400 · View on Broker Site

MLS# 12749342· Source: Baird & Warner Real Estate· 20 days on PropertySimple

Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

14623 Waverly Avenue, Midlothian, IL 60445

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