7225 W 59th Street Summit, IL $ 1,250,000
7225 W 59th Street
$ 1,250,000
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7225 W 59th Street

Summit, IL, 60501
$ 1,250,000
Bedrooms-- Baths-- Sq 13,836

Monthly Estimate*

$ 7,696

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Commercial Property for sale in Summit, IL

for $1,250,000. This 13,836 square foot building was built in 1985 on a lot size of 0.91.

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.

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 51,364

Style

Industrial

Lot Size

0.91

Year Built

1985

Town/City

Summit

County/Region

Cook

MLS | Web ID

12654828

Features
General
Cooling Central Air
Zoning INDUS
Year Built 1985
Electric Circuit Breakers
Stories Count 1
Township Lyons
Property Subtype Garage
Tax Year 2024
Current Use Industrial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Possible Use Commercial
Status New
Directions Harlem Ave North or South to 59th Street West to the Property
City Summit
Number Of Units Total 1
MLS Area Summit
Lot Size Square Feet 39744
Tax Annual Amount 51364.64
Additional Parcels Y/N N
Leasable Area 13836
Standard Status Active
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Exterior
Building Area Total 13836
Lot Dimensions 180 x 221 x 180 x 220
Lot Size Acres 0.91
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* Excluded Features
List By
The Leading Realtors Corp.

Broker

jimmantas@gmail.com

Email

Affordability Calculator

$11,977
Per Month
64%
36%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$4,280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/21/2026$1,250,000 Listed Price

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7225 W 59th Street, Summit, IL, 60501 is a Commercial Property for sale at $1,250,000 with 13,836 sqft and a lot size of 0.91. 7225 W 59th Street was built in 1985. The property's zip code is 60501 which is in Summit, IL