14330 Pulaski Rd Midlothian, IL 60445
This exceptional 25,200 square foot commercial land parcel presents a unique investment opportunity in Midlothian, Illinois. Situated at 14330 Pulaski Road, this property boasts a highly desirable B-3 zoning, already approved for new or used car sales and/or auto repair. Its strategic location at a busy intersection across from the Midlothian DMV office ensures high visibility and accessibility. The property is within the village's newly established TIF district, offering significant financial advantages. Building permits are currently half price, and there is no sales tax on materials purchased for new construction at this location. Furthermore, the property benefits from a 21-year tax freeze at the vacant land level, even after new construction, providing long-term cost savings. The owner, a general contractor, can also provide building construction services at a reduced rate of 15% of new construction costs. This is a rare chance to acquire a well-positioned commercial lot with substantial financial incentives, making it an attractive proposition for savvy investors and entrepreneurs in the automotive industry. The Cook County address and 60445 zip code further solidify its prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.