POA
Description

Retail/Office For Sale

House - Chicago IL

Retail/Office For Sale

MoHall Commercial proudly presents an exceptional development opportunity at 3831 147th St, Midlothian, IL 60445. This prime commercial parcel, nestled in the heart of Midlothian’s burgeoning business district, offers a promising canvas for the visionary developer. With a strategic position just steps from the Metra station, this site is a hub of connectivity, making it an ideal locale for a transit-oriented development that taps into the pulse of urban growth and convenience.

Encompassing a generous 6,250 square foot building on a large, adaptable lot, this property boasts significant street frontage on the vibrant 147th St, near Pulaski Road, inviting high visibility with an impressive traffic count of over 20,539 vehicles per day.

Imagining beyond the immediate, the property invites an adaptive re-use or a grand-scale rebuild that could encompass multi-use configurations — think sleek office spaces, innovative service centers, or even artisanal marketplaces that cater to the growing demand for local and accessible business districts.

Adding to the allure, this property is situated within Midlothian’s Downtown TIF District and the Cal-Sag Enterprise Zone, opening doors to substantial incentives for redevelopment.

As Midlothian flourishes, capitalize on the opportunity to shape its landscape. Envision crafting a development that not only meets the current market demands but also serves as a cornerstone for the community’s future. Whether you’re looking to ignite the area with a new retail haven or establish a professional office enclave, 3831 147th St stands as a beacon of potential.

HIGHLIGHTS 

Exceptional Development Opportunity: Ideal for visionary developers.

Strategic Location: Steps from the Metra station, promoting connectivity and transit-oriented development.

High Visibility: Significant street frontage on 147th St, with over 20,539 vehicles per day.

Versatile Property: 6,250 square foot building on an adaptable lot, B-2 zoning classification.

Development Possibilities: Potential for adaptive re-use or grand-scale rebuild, multi-use configurations.

Incentives for Redevelopment: Within Midlothian’s Downtown TIF District and the Cal-Sag Enterprise Zone.

Community Impact: Opportunity to shape Midlothian’s landscape and meet current market demands.

Versatile Potential: Suitable for a new retail haven or professional office enclave.

KEY DETAILS:

Price:   $150, 000
Tax Exempt Ownership: Proudly owned by the South Suburban Land Bank Authority
Listing Type:
  For Sale
Property Type:   Commercial Retail / Office
Size:   6,250 Sq Ft
Zoning:   B2
Pins: 28-11-302-020-0000 & 28-11-302-023-0000

Broker

MOHALL COMMERCIAL AND URBAN DEVELOPMENT

OFFER MEMORANDUM

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Property Features
  • House
  • Built 1900
  • Land is 8,929 square
  • Floor Area is 3,929 square