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$2,950,000 Just Listed
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Property Description
A rare opportunity to acquire a substantial commercial property offering nearly 20,000 square feet of building space and approximately 170 parking spaces. Properties combining this scale of interior space with extensive on-site parking are rarely available, making this an appealing opportunity for investors, owner-users, and business operators. The property offers an existing event venue with potential for continued use or adaptation to other business purposes. The Village has indicated flexibility regarding potential uses for the property, creating an appealing opportunity for investors and owner-users to explore a variety of commercial possibilities. Currently operating as a banquet hall, the property offers an existing business use alongside potential opportunities for adaptation to meet future business needs, subject to applicable municipal requirements and approvals. The property's appeal extends beyond its interior square footage. Approximately 170 parking spaces provide convenient access for guests, customers, employees, and visitors. This combination of substantial building space and extensive parking is particularly attractive for businesses and operations that require room to accommodate larger groups. Conveniently located near La Grange, La Grange Park, Hodgkins, Lyons, and Brookfield, the property is well positioned to serve surrounding communities and nearby commercial areas. Easy access to I-55 connects the location to Chicago and the surrounding suburbs. With its substantial size, extensive parking, existing banquet hall operation, and potential for alternative uses, this property presents a distinctive opportunity for buyers seeking flexibility, functionality, and room for future growth.
Full Property Details
Full Property Details for MLS# 12774433
General
- Price: $2,950,000
- Taxes: $91,328 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12774433
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: McCook
- County: Cook
- Township: Lyons
- Driving Directions: call listing agent for directions
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Other
Structural Information
- Stories/Levels: 1
- Square Feet: 20,000
- Year Built: 1985
Lot Features
- Lot Size (Acres): 1.69
- Lot Size (Sq. Ft.): 73,616
- Lot Dimensions: 0 x 0
- Zoning: OTHER
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assoc Fee Freq.: Annually
- Security Deposit: Alarm On Site
- Assessment Year: 1985
- Tax Amount: $91,328
- Tax Year: 2024
Listed by Ellsbury Group LLC
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MLS# 12774433, McCook, IL 60525 (MLS# 12774433) is a Commercial property. MLS# 12774433 is currently listed for $2,950,000 and was received on October 14, 2026. Want to learn more about MLS# 12774433? Do you have questions about finding other Commercial real estate for sale in McCook? You can browse all McCook real estate or contact a Coldwell Banker agent to request more information.

