7225 W 59Th Street, Summit, Illinois 60501

$1,250,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,250,000
MLS#
12654977
Status
PENDING
Type
Land
Subtype
Land
County
Cook
City
Summit
Neighborhood
Summit
Days On Market
Unknown

Property Description

Positioned on a 39,744 square foot fully fenced and gated industrial lot, this property offers exceptional functionality, flexibility, and future potential for a wide range of business and investment opportunities. The site currently features an approximately 14,000 square foot industrial building operating as a body shop, presenting a rare opportunity for an owner-user, investor, or developer seeking a strategically located industrial asset. The expansive lot provides substantial outdoor space ideal for vehicle parking, equipment storage, fleet operations, outdoor inventory, or contractor use. Beyond its current use, the property also offers attractive redevelopment potential for buyers looking to maximize the site's value and explore future opportunities. Conveniently located with easy access to major highways, the property delivers strong logistical advantages for transportation, distribution, and everyday operations. Its versatile configuration may accommodate a variety of industrial uses including warehouse, manufacturing, distribution, service operations, contractor facilities, or other permitted uses. Bring your vision and business plans to life in a property that combines existing income-producing utility with long-term upside potential. Buyers are encouraged to contact the Village of Summit to verify zoning requirements and determine whether their intended use is permitted. A unique opportunity offering accessibility, flexibility, redevelopment potential, and room for growth.

Additional Information

School District
299
Corporate Limits
Summit
Tax Year
2024

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.