Chicago Heights IL Commercial for Sale
- Type:
- Other
- Sq.Ft.:
- 12,320
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 12155365
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Courtesy: Florentino Selling Team
312-492-0001
ADDITIONAL INFORMATION
Lease with Option to Buy and Seller Financing Available Expansive Warehouse with Office Space and Ample Land. A Diamond in the Rough! Unlock the potential of this impressive warehouse property, perfect for visionary investors, entrepreneurs, or businesses looking for a spacious facility with room to grow. Located in a prime industrial area, this expansive property offers a unique opportunity to transform a substantial space into a customized hub for your operations. Generous Warehouse Space: This enormous warehouse boasts a vast interior with high ceilings, providing ample room for storage, manufacturing, or distribution needs. Three Large Garage Doors: Enjoy the convenience of three oversized garage doors that facilitate easy access for large vehicles and equipment. Versatile Office Space: The property includes dedicated office space, ideal for administrative tasks, meetings, or client interactions. Customize this area to fit your business needs. Expansive Land: The surrounding land offers plenty of room for expansion, outdoor storage, or additional development, giving you the flexibility to tailor the space to your requirements. Opportunity for Renovation: This property is a canvas awaiting your vision. It requires significant work to bring it up to modern standards, making it an ideal project for those with a creative touch and a knack for renovation. Location: Conveniently situated in a well-connected industrial zone, this warehouse is easily accessible from major highways and transportation routes, enhancing logistical efficiency for your business operations. Potential Uses: Whether you're considering industrial use, warehousing, distribution, or even a creative redevelopment, this property provides the foundation for a range of possibilities. Seize this opportunity to make your mark on a substantial and adaptable space. Contact us today to schedule a viewing and explore how this warehouse can be transformed into your next successful venture!
- Type:
- Office
- Sq.Ft.:
- 6,800
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1976
- Baths:
- MLS#:
- 12154351
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Courtesy: First In Realty, Inc.
773-779-3473
ADDITIONAL INFORMATION
Excellent value priced at $40 PSF for an approximately 6800 SF building plus full functional basement with offices and restrooms located in Chicago Heights CBD on busy Halsted adjacent to SS Admin office, St James Wellness Center, and Prarie State College. Current build-out offers private offices, conference rooms, meeting rooms, kitchenette, and 5 restrooms. OHD in rear for indoor parking or access to rear. Ideal for many users including medical, fitness, professional office, non-profit organizations, retail, day care and more.
- Type:
- Other
- Sq.Ft.:
- 15,233
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.69 Acres
- Year built:
- 1918
- Baths:
- MLS#:
- 12143358
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Courtesy: Coldwell Banker Realty
219-865-9911
ADDITIONAL INFORMATION
Easy expressway access, large gravel yard. Gas, Electric, well & septic, two curb cuts. 30 minutes south of Chicago, 7 minutes I-80. Lots of new development for Industrial use on the rise. Out Buildings: A. 64'W x 80'Deep - Metal Building CH 14' Doors 14' x 14' 60 AMP, Propane Heat. Dirt floor, attached Leanto: Concrete Floor 2-12W' x 10.6' T Doors-Drive Thru-Insulated- Heated B. 45'W x 81' Deep - Metal Building - CH 16' Doors 1-20'Wx15'T & 1-17'W x 12.6' T Insulated. Heated Concrete Floor, 200 AMPS. Leased: Towing Co. 6-month Lease w extension $1,800 month C. 40' x 30' Block Garage - CH 10.6' Doors 2-8Wx7T & 1-10Wx10T Insulated, Heated - 200-AMP - Loft D. 36'W x 63' Deep Metal Building, CH 12' Door 1-12x12 Concrete, Insulated, Leased $1,800 Month Two Silos:1 - 28' Diameter / 1- 31' Diameter House & Office approximately 3,000 sf with whole house generator. 4 Bedrooms, 2 on main level and 2 on upper level. 4 full bathrooms, 2 Large Family rooms.Roof 6 yrs old. Handicapped accessible with lifts. 2 Basements.Detached, heated 2.5 car garage. New well pump. New water softener.
- Type:
- Other
- Sq.Ft.:
- 6,600
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 12132732
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Courtesy: Keller Williams ONEChicago
312-216-2422
ADDITIONAL INFORMATION
Pleased to present an exceptional investment opportunity located at 40-44 W. Lincoln Highway, Chicago Heights, IL 60411. This offering comprises two prime retail/office properties: a 5,600 square foot building at 44 W. Lincoln Highway and a 1,000 square foot building at 40 W. Lincoln Highway, combining for a total rentable building area of 6,600 square feet. The properties sit on a substantial land area of 21,687 square feet and are zoned R-4, making them versatile for various commercial uses. An investor has the opportunity to backfill these spaces at a competitive lease rate of $15.60 per square foot NNN, thereby transferring the responsibility of property taxes, insurance, and common area maintenance (CAM) reimbursements to the tenants. This strategic leasing approach is projected to generate a pro forma year 1 net operating income (NOI) of $94,710, with an anticipated increase to $97,284 in year 2. The property is attractively listed at $915,000, offering a pro forma year 1 cap rate of 10.35%, which is expected to rise to 10.63% in year 2, presenting a lucrative return on investment. Market Highlights: Chicago Heights is a vibrant market with a strong economic foundation and robust commercial activity. The property benefits from an average daily traffic count of 22,780 vehicles per day (VPD) on W. Lincoln Highway and Aberdeen Street, ensuring high visibility and accessibility for tenants and customers alike. This high traffic volume significantly enhances the potential for foot traffic and business opportunities for any tenant occupying the spaces. The local demographic profile further strengthens the investment appeal. Within a five-mile radius, the average household income is $80,152, indicating a stable and affluent consumer base. Additionally, the area boasts an impressive consumer spending power, with total consumer expenditures reaching $1.658 billion within the same five-mile radius. This high level of disposable income and consumer activity underlines the area's economic vitality and potential for sustained business success. Chicago Heights is strategically located within the greater Chicago metropolitan area, providing convenient access to major highways and transportation networks. This connectivity not only benefits local businesses but also attracts a diverse tenant mix seeking to capitalize on the region's economic growth and commercial opportunities. Investment Potential: This investment not only promises strong financial performance through strategic leasing and tenant cost-sharing but also benefits from its prime location on Lincoln Highway, a major thoroughfare in Chicago Heights. The high traffic volume, affluent local population, and substantial consumer spending power create a fertile environment for business growth and tenant success. By acquiring this property, investors will be positioned to take advantage of the area's dynamic market conditions and secure a high-performing asset with excellent income potential and favorable lease terms. This offering represents a unique opportunity to invest in a property with robust financial projections, strategic location, and significant market demand in the thriving Chicago Heights area. Don't miss out on this opportunity to acquire a property with strong income potential and favorable lease terms in a bustling and economically vibrant community.
- Type:
- Other
- Sq.Ft.:
- 10,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- 12063871
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Courtesy: Magnus Company
708-414-0068
ADDITIONAL INFORMATION
10,000 SF of raw space ready for your ideas. Huge parking lot with a detached garage, Multiple HVAC systems in building. Fenced in rear parking area. Bring your ideas. Short term lease ok.
- Type:
- Other
- Sq.Ft.:
- 6,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 12011895
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Courtesy: Matrix Realty Group LLC
708-799-3600
ADDITIONAL INFORMATION
Prime opportunity for retail, office, medical or restaurant investors. 6,000 SF building with two units, offering flexible options for a range of businesses. The property features modern construction providing an attractive canvas for retail, office medical or other commercial establishments. Its strategic location ensures high visibility and accessibility for potential customers. .88 Acres total with excellent frontage.
- Type:
- Business Opportunities
- Sq.Ft.:
- 3,822
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1979
- Baths:
- MLS#:
- 11993418
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Courtesy: Allied Housing LLC
773-209-8081
ADDITIONAL INFORMATION
Aprox. 3822 Sq. Ft. BLOCK BUILDING previously used as an AUTOMOTIVE REPAIR SHOP with 5 bays & 5 OVERHEAD DOORS. Approx. 500 Sq. Ft. OFFICE w/rest room & storage room above it.. There are 5 LIFTS, STORAGE RACKS and other various automotive equipment that is negotiable. The property is located on US Rt. 30 which has a very HIGH TRAFFIC COUNT.
- Type:
- Retail
- Sq.Ft.:
- 5,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1975
- Baths:
- MLS#:
- 11973808
View additional info
Courtesy: Baird & Warner
847-724-1855
ADDITIONAL INFORMATION
This storefront is priced to sell! This building was built in 1975 and has an vacant open lot perfect for retail space and a cleaners occupies the other lot. The building is made primarily of brick and features large aluminum plate glass windows. The property also has a large canopy and drive thru as well. The primary type this building is available for is commerce/ trade, overall property size is about 0.25-0.49 acres and the leasable area is 4829 sq ft. Very motivated to sell and the owner will help clear out the space for future tenants! This storefront is located in a very active area right in the middle of Chicago Heights! This area is thriving and has a very high potential to grow!
- Type:
- General Commercial
- Sq.Ft.:
- 5,305
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1926
- Baths:
- MLS#:
- 11834841
View additional info
Courtesy: eXp Realty, LLC
888-574-9405
ADDITIONAL INFORMATION
Great value add opportunity. Potential to add significant value with a few updates and touches. Close to many shops and restaurants with a large parking lot and spacious units.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.85 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- 11826189
View additional info
Courtesy: Foundry Commercial LLC
407-540-7718
ADDITIONAL INFORMATION
Buildings include: Church Building * Three 4,979 SF floors, including the basement level * Sanctuary seats 280 people with room for 30 in the balcony * Lower Level Fellowship Hall holds 100 people * The upper floor is a school which has five classrooms, one office and boys and girls washrooms * Fellowship Hall includes a stage and a kitchen with a serving window Rectory * Two 1,820 SF floors and a basement that is not included in the overall square footage * The first floor has a dining room, living room and kitchen * The second floor has five bedrooms, a bathroom and a common room Detached 2-Car Garage
- Type:
- Business Opportunities
- Sq.Ft.:
- 4,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1978
- Baths:
- MLS#:
- 11689955
View additional info
Courtesy: Keller Williams Infinity
630-778-5800
ADDITIONAL INFORMATION
4,000 square foot metal building with 3 overhead doors. 1-14' door, 2-12'x12' doors. Fenced in yard for outdoor storage. Conveniently located near 57, 80, 94 and 294.
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Chicago Heights Real Estate
The median home value in Chicago Heights, IL is $184,999. This is lower than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Chicago Heights, IL is $184,999. Approximately 51.43% of Chicago Heights homes are owned, compared to 34.25% rented, while 14.32% are vacant. Chicago Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago Heights real estate agent to arrange a tour today!
Chicago Heights, Illinois has a population of 30,292. Chicago Heights is more family-centric than the surrounding county with 31.06% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Chicago Heights, Illinois is $45,843. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Chicago Heights is 34.1 years.
Chicago Heights Weather
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.