4520 Rumsey Avenue Oak Lawn, IL $ 711,000
4520 Rumsey Avenue
$ 711,000
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4520 Rumsey Avenue

Oak Lawn, IL, 60453
$ 711,000
Bedrooms-- Baths-- Sq 3,401

Monthly Estimate*

$ 4,436

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Commercial Property for sale in Oak Lawn, IL

for $711,000. This 3,401 square foot building was built in 1964 on a lot size of 0.61.

This is an awesome investment opportunity in the heart of Oak Lawn. Expand your business or create that new venture you have been dreaming about. This parcel includes recently tuckpointed, solid brick building that sits between 2 fenced and lighted lots with a total land square footage of 27,000 sq ft. The 38 x 77 ft (2926 sq ft) building features four-14ft overhead doors, gas heaters, LED lighting. 2025 new LED lights and electric receptacles, 2023 Village approved Fire Alarm system installed. 2022 1st floor bathroom completely gutted and remodeled, new plumbing, fixtures, tankless hot water heater, new east/west pedestrian doors, new west front fence, gate including installation of pedestrian entrance. 2017 475 square foot 2nd floor office space including 2nd bathroom taken down to the studs and completely renovated, mini-split HVAC system heat/ac installed, roof replaced. There is also an open mezzanine and an enclosed mezzanine offering great storage space,. Additional features include a 40ft storage trailer on a slab with electricity, industrial grade air compressor and built in counter and metal workbench. Stop paying rent and locate your business where the action is, just 0.25 miles from Advocate Christ Medical, .06 miles from 95th and Cicero Ave, 1 mile from the Oak Lawn Metra Station, 4 miles to I-294 and just 6 miles to Midway Airport. Existing building can be retrofitted to 3 flat and use vacant land to build other apartment buildings or condos, with ample adjacent parking spaces. Building could be a child or doggie day care center in building with huge yards for dogs runs, distribution center, use of building and space only limited by your imagination.

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Commercial Contingent

Price

$ 711,000

Property Type

Commercial

Taxes

$ 19,234

Style

Commercial

Lot Size

0.61

Year Built

1964

Town/City

Oak Lawn

County/Region

Cook

MLS | Web ID

12465615

Features
General
Cooling Office Only Ceiling Fan(s)
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Zoning OTHER
Construction Materials Brick Block
Year Built 1964
Electric Circuit Breakers 220 Volts
Stories Count 2
Township Worth
Property Subtype Other
Tax Year 2023
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Contingency Attorney/Inspection
Status Contingent
Directions Southwest Highway to Kilbourn South to Rumsey West to Property
City Oak Lawn
Number Of Units Total 1
MLS Area Oak Lawn
Lot Size Square Feet 27000
Tax Annual Amount 19234.48
Additional Parcels Y/N Y
Leasable Area 3401
Lease Type N/A
Standard Status Active Under Contract
Cap Rate 0
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Interior
Flooring Concrete
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3401
Lot Dimensions 262 x 125
Lot Size Acres 0.61
Frontage Type City Street
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* Excluded Features
List By
Re/Max Professionals

Broker

edjrsellsreos@wearepros.com

Email

Affordability Calculator

$6,039
Per Month
73%
27%
0%
Monthly Principal & Interest
$4,436
Monthly Property Taxes
$1,603
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$711,000 Listed Price

Map


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4520 Rumsey Avenue, Oak Lawn, IL, 60453 is a Commercial Property for sale at $711,000 with 3,401 sqft and a lot size of 0.61. 4520 Rumsey Avenue was built in 1964. The property's zip code is 60453 which is in Oak Lawn, IL