Oak Lawn, IL 60453,5340 W 111th ST
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$ 1,260,000
Est. payment | /mo

14,000 SqFt


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$ 1,260,000
Est. payment | /mo
Save

14,000 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 14,000 sqft

Price per Sqft $90

MLS Listing ID 12310134

Year Built 1968

Annual Tax Amount $51,000

Tax Year 2023

Lot Size 1.310 Acres

Lot Dimensions 195X250

Property Sub-Type Industrial

Property Description

14,000 SF Industrial Building | Oak Lawn, IL Two-unit industrial building totaling 14,000 SF (7,500 SF per unit) situated over an acre. Currently leased to three tenants, generating strong income with short-term leases ideal for potential owner-users. Features include multiple overhead doors, three suspended gas-fired heaters, a new roof, full perimeter fencing, and a clean lot with additional truck/trailer storage. All-brick construction was recently tuckpointed and upgraded. Excellent visibility along 111th Street and the train tracks, with added privacy on a cul-de-sac. There is ample parking in front and along the side. This Prime Oak Lawn location has easy access to major routes. Ideal for investors or industrial users.

Location

State IL

County Cook

Area Oak Lawn

Zoning INDUS

Interior

Cooling Central Air, Office Only, Window Unit(s)

Flooring Concrete

Fireplace N

Exterior

Utilities Available Natural Gas Available, Sewer Connected, Cable Available

Roof Type Membrane

Building

Dwelling Type Industrial

Water Municipal Water

Level or Stories 1

Structure Type Brick,Concrete,Block,Steel Siding

Midwest Real Estate Data (MRED) IDX
Listed by Charles Groebe • Coldwell Banker Realty
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+1(312) 772-2820

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1941 N Elston Ave, Chicago, IL, 60642, USA

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5340 W 111th ST