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$725,000
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Property Description
Buyer could not secure financing. Subject to cancellaion of previous contract. Incredible investment opportunity to continue to operate a successful, established family entertainment business in the Chicagoland market. Sales approximately 425k per year. Sales price includes land, building and all fixtures and equipment. Being sold As Is. This is a corner lot - approximately 2.6 acres with an existing 25,000 sq.ft. building and 200 parking spaces perfect for your industrial/manufacturing/office or commercial business! Close to shopping, expressways and transportation! Tax amounts include existing building and business.
Full Property Details
Full Property Details for MLS# 12257555
General
- Sold For: $725,000
- Taxes: $65,233 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12257555
- Added to Site: 382 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Glenwood
- County: Cook
- Driving Directions: This is a confidential listing
- Location Details: South Suburban, Southwest Suburban, Chicago South
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 1
- Year Built: 1979
Lot Features
- Lot Size (Sq. Ft.): 20,025
- Lot Dimensions: IRREGULAR
- Zoning: MANUF
Financial Considerations
- Lease Price: $20
- Operating Expenses: $232,855
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1979
- Tax Amount: $65,233
- Tax Year: 2023
Listed by Keller Williams Preferred Rlty
Sold by Chicago Realty Investors Group,Inc
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Schools
Schools serving MLS# 12257555
School Districts:Brookwood School District 167, Bloom Township High School District 206
| Name | Grades | Distance |
|---|---|---|
Longwood Elementary School, Glenwood, IL 441 Longwood Drive, Glenwood, IL 60425 | PK-4 | 1.1 mi |
Brookwood Middle School, Glenwood, IL 200 East Glenwood Lansing Road, Glenwood, IL 60425 | 5-6 | 1.4 mi |
Brookwood Jr High School 201 East Glenwood Lansing Road, Glenwood, IL 60425 | 7-8 | 1.3 mi |
Bloom High School 101 West 10th Street, Chicago Heights, IL 60411 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 12257555
Date
Details
Price
Change
Source
11/18/2025
Sold
$725,000
-3.33%
MLS
5/29/2025
Price Reduced
$750,000
-24.99%
MLS
1/08/2025
Price Reduced
$999,900
-9.1%
MLS
1/03/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 12257555, Glenwood, IL 60425 (MLS# 12257555) is a Commercial property that was sold at $725,000 on November 18, 2025. Want to learn more about MLS# 12257555? Do you have questions about finding other Commercial real estate for sale in Glenwood? You can browse all Glenwood real estate or contact a Coldwell Banker agent to request more information.

