### **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.**
Property Details
Price:
$259,000
MLS #:
MRD12749342
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
midlothian
Listed Date:
Sep 2, 2026
Total Sq Ft:
4,000
Lot Size:
8,750 sqft / 0.20 acres (approx)
Year Built:
1952
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Block, Brick
Roof
Rubber
Stories
1
Financial
Tax Year
2022
Map
Community
- Address14623 Waverly Avenue Midlothian IL
- CityMidlothian
- CountyCook
- Zip Code60445
Market Summary
Current real estate data for Commercial in Midlothian as of Oct 09, 2026
13
Commercial Listed
119
Avg DOM
$777,892
Avg List Price
Property Summary
- 14623 Waverly Avenue Midlothian IL is a Commercial for sale in Midlothian, IL, 60445. It is listed for $259,000
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Copyright 2026. All rights reserved.
14623 Waverly Avenue
Midlothian, IL


