15853 Greenwood Rd, Dolton, IL 60473
This unique Dolton, IL property at 15853 Greenwood Road presents a compelling investment opportunity. The 5,499 square foot lot encompasses a warehouse, an unfinished house, and a two-story garage, offering significant flexibility for a variety of uses. The expansive yard provides ample parking, a key advantage for businesses. Its strategic location near a shopping mall, expressway, car dealership, and numerous restaurants ensures high visibility and convenient access. Multiple pin numbers suggest potential for subdivision or separate development. The property is being sold "as-is," allowing for creative redevelopment based on the buyer's vision. The seller is highly motivated, reflected in a recent drastic price reduction. Taxes are currently under appeal, potentially leading to future savings. This property is ideal for entrepreneurs and investors seeking a high-return project with significant upside. The combination of warehouse space, residential potential, and generous parking makes this a truly versatile offering. Don't miss this chance to acquire a substantial property in a prime location with significant development potential. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.