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    OFF-MARKET
    Commercial real estate

    15853 Greenwood Rd, Dolton, IL 60473

    5,499 SF Built 1959
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1959
    Total area 5,499 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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