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
1/20
null | Request Cap Rate

NEW


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 spectacular solid brick building sits on 10 lots which are completely fenced with a total land sq footage of 27,000 sq ft. The 38 x 77 ft (2926 sq ft) building features four-14ft overhead doors, gas heaters, LED lighting and an additional 475 sq ft office space. There is also an open mezzanine and an enclosed mezzanine offering great storage space. 2 Bathrooms-one on each level. Recent improvements include a fire alarm system (2023), west side overhead door with electric opener (2022). Main level bathroom completely remodeled with new plumbing and fixtures (2022), east/west pedestrian doors (2022), and a tankless water heater (2022). The building was recently tuckpointed, the front west fence, and gate were replaced. In 2017 the roof was replaced, the office space and 2nd floor bath were taken down to the studs and completely renovated. Additional features include a 40ft storage trailer on a slab with electricity, industrial grade air compressor and built in 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.

FOR SALE DETAILS

PRICE

$711,000 USD

PRICE/SF

$209 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

0.62

LAND SF

27,000

ZONING

Industrial

APN/PARCEL ID

24-03-310-041-0000,24-03-310-042-0000,24-03-310-043-0000,24-03-310-044-0000,24-03-310-045-0000,24-03-310-046-0000,24-03-310-047-0000,24-03-310-048-0000,24-03-310-049-0000,24-03-310-058-0000

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.