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$ 299,999
Est. payment /mo
Active
4233 Emerson AVE Schiller Park, IL 60176
0.31 Acres Lot
UPDATED:
09/25/2024 05:04 PM
Key Details
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12036727
Year Built 1953
Annual Tax Amount $8,369
Tax Year 2022
Lot Size 0.310 Acres
Lot Dimensions 50X203X85X200
Property Description
Welcome to a prime commercial opportunity nestled in a bustling locale near O'Hare airport! This unique property, currently zoned residential R-3, presents a lucrative prospect for savvy investors and entrepreneurs alike. Strategically situated on a corner lot along a High-traffic thoroughfare, this versatile space offers immense potential for conversion into a thriving commercial venture. The existing structure provides a solid foundation for redevelopment, with the option to preserve one wall, facilitating the acquisition of a construction loan. Moreover, the property's prolonged vacancy of over a year opens up the possibility for advantageous tax benefits, further enhancing its appeal to astute buyers. Whether envisioning a bustling coffee shop with a drive-thru, a trendy cafe, a boutique retail establishment, or professional offices, the possibilities are boundless with the potential to capitalize on the vibrant surrounding area and steady stream of passing traffic. Don't miss out on this exceptional chance to transform this property into a lucrative investment opportunity. Seize the moment and unlock the full potential of this prime commercial space in a highly sought-after location near O'Hare Airport. Schedule your viewing today and let your entrepreneurial dreams take flight!
Location
State IL
County Cook
Area Schiller Park
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Water-Municipal, Cable Available
Building
Dwelling Type Instut/To Develop
Level or Stories 1
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joann Daddono • Baird & Warner