4520 Rumsey Ave - Industrial FOR SALE


Oak Lawn, IL 60453
$711,000 USD
630-768-5175
4520 Rumsey Ave, Oak Lawn, IL for Sale
$711,000 USD
Industrial - FOR SALE
1/21
null | Request Cap Rate

4520 Rumsey Ave
Oak Lawn, IL 60453


HIGHLIGHTS

  • 4 Drive in Doors-14ft High
  • Storage Mezzanines
  • Heated Warehouse
  • 475 Sq ft of Office Space Completley Renovated in 2017
  • 2700 sq ft Lot size Fully Fenced
  • Village Approved Fire Alarm System

OVERVIEW

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 parcel includes recently tuckpointed, solid brick building that sits between 2 fenced and lighted lots with a total land square footage of 27,000 sq ft. The 38 x 77 ft (2926 sq ft) building features four-14ft overhead doors, gas heaters, LED lighting. 2025 new LED lights and electric receptacles, 2023 Village approved Fire Alarm system installed. 2022 1st floor bathroom completely gutted and remodeled, new plumbing, fixtures, tankless hot water heater, new east/west pedestrian doors, new west front fence, gate including installation of pedestrian entrance. 2017 475 square foot 2nd floor office space including 2nd bathroom taken down to the studs and completely renovated, mini-split HVAC system heat/ac installed, roof replaced. There is also an open mezzanine and an enclosed mezzanine offering great storage space,. Additional features include a 40ft storage trailer on a slab with electricity, industrial grade air compressor and built in counter and metal workbench. 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. Existing building can be retrofitted to 3 flat and use vacant land to build other apartment buildings or condos, with ample adjacent parking spaces. Building could be a child or doggie day care center in building with huge yards for dogs runs, distribution center, use of building and space only limited by your imagination.

FOR SALE DETAILS

PRICE

$711,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4520 Rumsey Ave

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41

LAND SF

17,840

ZONING

Industrial

APN/PARCEL ID

24-03-310-041-0000,24-03-310-042-0000,24-03-310-043-0000,24-03-310-044-0000,24-03-310-045-0000,24-03-310-046-0000

ASK ABOUT THIS PROPERTY

Edward LukasikRE/Max ProfessionalsMore Info
630-768-5175

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Edward LukasikRE/Max ProfessionalsMore Info
630-768-5175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.