Description for
4233 Emerson AvenueSchiller Park, IL 60176
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!
Price
$299,999
Cook
12036727
Active
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!
Listing Information
Property Type: Business Opportunities, 1 Story
0.31 Acres
1953
1
Brick
Leyden//
Concrete Perimeter
Public
Cable Available
Neighborhood
Room Information
Interior Features
None
Exterior / Lot Features
Brick
50X203X85X200
COMMR
Driving Directions
On Corner or Irving Park Rd & Emerson Just west of Ruby or east of 294 on the North side of the street.
Financial Considerations
12164020280000
$8,369
Listing Price History
Schiller Park Real Estate
Schiller Park is located in Illinois.
Schiller Park, Illinois 60176 has a population of 11,966.
The median household income in Schiller Park, Illinois 60176 is
$55,627.
The median household income for the surrounding county is $68,916
compared to the national median of $66,222.
The median age of people living in Schiller Park 60176 is 38 years.
Loading nearby sales and history ...
Courtesy: Baird & Warner
Listings courtesy of MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/19/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
This content last refreshed on 5/19/2024 8:04 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
