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$1,250,000
Est. payment /mo
0.91 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12654977
Annual Tax Amount $51,364
Tax Year 2024
Lot Size 0.910 Acres
Lot Dimensions 180 x 221 x 180 x 220
Property Sub-Type Land
Property Description
Positioned on a 39,744 square foot fully fenced and gated industrial lot, this property offers exceptional functionality, flexibility, and future potential for a wide range of business and investment opportunities. The site currently features an approximately 14,000 square foot industrial building operating as a body shop, presenting a rare opportunity for an owner-user, investor, or developer seeking a strategically located industrial asset. The expansive lot provides substantial outdoor space ideal for vehicle parking, equipment storage, fleet operations, outdoor inventory, or contractor use. Beyond its current use, the property also offers attractive redevelopment potential for buyers looking to maximize the site's value and explore future opportunities. Conveniently located with easy access to major highways, the property delivers strong logistical advantages for transportation, distribution, and everyday operations. Its versatile configuration may accommodate a variety of industrial uses including warehouse, manufacturing, distribution, service operations, contractor facilities, or other permitted uses. Bring your vision and business plans to life in a property that combines existing income-producing utility with long-term upside potential. Buyers are encouraged to contact the Village of Summit to verify zoning requirements and determine whether their intended use is permitted. A unique opportunity offering accessibility, flexibility, redevelopment potential, and room for growth.
Location
State IL
County Cook
Area Summit
Zoning INDUS
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Building
Dwelling Type Land
Water Municipal Water
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Jim Mantas of The Leading Realtors Corp.
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