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14623 Waverly Ave
Midlothian, IL 60445
Industrial Property For Sale

Investment Highlights

  • Ample parking
  • 12ft OHD
  • Good visibility

Executive Summary

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 Facts

Sale Type Investment
Property Type
Industrial
  • General Retail Auto Repair
  • Industrial Distribution
  • Industrial Service
Building Class C
Lot Size 0.29 AC
Rentable Building Area 4,000 SF
No. Stories 1
Year Built 1990
Tenancy Single
Parking Ratio 10/1,000 SF
Zoning O/I - Light Industrial

Amenities

  • 24 Hour Access
  • Bus Line
  • Floor Drains

Property Taxes

Property Taxes

Parcel Number
28-11-121-003-0000
Land Assessment
$7,087
Improvements Assessment
$46,029
Total Assessment
$53,116
  • Listing ID: 42084610

  • Date on Market: 9/8/2026

  • Last Updated:

  • Address: 14623 Waverly Ave, Midlothian, IL 60445

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