4520 Rumsey AVE Active Save Request In-Person Tour Request Virtual Tour
Oak Lawn,IL 60453
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,401 sqft
Price per Sqft $209
MLS Listing ID 12465615
Year Built 1976
Annual Tax Amount $19,234
Tax Year 2023
Lot Size 0.610 Acres
Lot Dimensions 262 x 125
Property Sub-Type Industrial
Property Description
This is an awesome investment opportunity in the heart of Oak Lawn. Expand your business or create that new venture you have been dreaming about. This spectacular recently tuckpointed, solid brick building sits on 10 lot/PIN's, two (2) separate lighted lots totaling 27,000 square feet, .72 acre. The 38 x 77 ft (2926 sq ft) building features four-14ft overhead doors, gas heaters, LED lighting. (2017) 475 sq ft office space including 2nd floor bathroom taken down to the studs and completely renovated and mini-split system heat/ac installed. There is also an open mezzanine and an enclosed mezzanine offering great storage space. 2 Bathrooms-one on each level, main level bathroom completely remodeled with new plumbing and fixtures (2022), a tankless water heater (2022), new east/west pedestrian doors (2022). Recent improvements include Village approved fire alarm system (2023), west side overhead door with electric opener (2022), the front west fence, and gate were replaced, roof replaced (2017), Additional features include a 40ft storage trailer on a slab with electricity, industrial grade air compressor and built in counter and metal workbench. This building has been lovingly cared for and maintained by this long-time owner and it shows. Stop paying rent and locate your business where the action is, just 0.25 miles from Advocate Christ Medical, .06 miles from 95th and Cicero Ave, 1 mile from the Oak Lawn Metra Station, 4 miles to I-294 and just 6 miles to Midway Airport. Zoned R3 multifamily, buyer to perform due diligence with Village and apply for special use permit. Existing building can be retrofitted to 3 flat and use vacant land to build other apartment buildings or condos, with adjacent parking spaces. Building could be a doggie day care center in building with huge yards for dogs to run around. Use of building and space only limited by your imagination.
Location
State IL
County Cook
Area Oak Lawn
Zoning OTHER
Interior
Cooling Office Only,Ceiling Fan(s)
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electricity Available,Natural Gas Available,Sewer Connected,Water Available
Building
Dwelling Type Industrial
Structure Type Brick,Block