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Haley Scogland
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7225 W 59th Street Summit, IL 60501 Commercial - Industrial Active

  • 7225 W 59th Street, Summit, IL 60501 Main Photo

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Description

Almost 14,000 square feet of industrial space situated on a 39,744 square foot fully fenced and gated lot, offering excellent functionality and flexibility for a wide range of business operations. Currently operating as a body shop, this property presents a rare opportunity for an owner-user or investor seeking a well-positioned industrial asset with substantial outdoor space for parking, storage, fleet vehicles, or equipment. Conveniently located with easy access to major highways, the property provides strong logistical advantages for transportation, distribution, and day-to-day business operations. The versatile layout may accommodate a variety of uses including warehouse, manufacturing, distribution, service operations, contractor facilities, or other permitted industrial applications. Bring your vision and business ideas to life in a property that offers both space and potential. Buyers are encouraged to contact the Village of Summit directly to verify zoning requirements and determine whether their intended use is permitted. A valuable opportunity with flexibility, accessibility, and room for growth.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1985

General Information

County: Cook
Listed By:
The Leading Realtors Corp. 630-455-9995
MRED MLS
$1,250,000
Est. $8,344/mo
Active
SQUARE FEET13,836 MLS#12654828
STATUSActive PROPERTY TYPECommercial - Industrial

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7225 W 59th Street, Summit, IL 60501.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,250,000$1,250,000$1,250,000
Down Payment $43,750$0$250,000
Monthly Mortgage Amount $7,557$7,862$6,239
Taxes $1740$1740$1740
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $750$0$0
Monthly Estimated Total $10,412$9,967$8,344

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