Chicago Heights IL Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
3,700
Status:
Active
Beds:
n/a
Year built:
1971
Baths:
MLS#:
12220027

ADDITIONAL INFORMATION

Great property for Just about any business opportunity. This property has plenty of parking. All reasonable offers will be considered. Endless possibilities for this high traffic location. Property being sold As-Is. Zoned for a liquor store or restaurant. Great gaming location.

Type:
Retail
Sq.Ft.:
4,829
Status:
Active
Beds:
n/a
Year built:
1975
Baths:
MLS#:
12219031

ADDITIONAL INFORMATION

Take advantage of this exceptional opportunity to own a versatile commercial property located on the highly-trafficked Lincoln Highway in Chicago Heights, IL. This 4,829 square foot building sits on a 13,695 square foot lot with an expansive parking lot, offering ample space for customers and staff. With some updates and vision, this property could be transformed into the perfect location for a new business venture or revitalized for continued operation of the existing business. The building is ideal for retail, office, or service-based operations and offers a blank canvas for any business owner looking to capitalize on its prime location. Situated in a high-traffic area, this property benefits from excellent retail synergy with major nearby brands including Walmart, Aldi, Starbucks, and many others, driving steady foot traffic and visibility. Its location on Lincoln Highway, a key commercial corridor, provides excellent exposure to both local and regional customers. Whether you're looking to expand your business or invest in a promising commercial property, this property offers tremendous potential. Don't miss out on the chance to be part of the thriving retail landscape of Chicago Heights!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1893
Baths:
MLS#:
12212225

ADDITIONAL INFORMATION

*Multiple offers received* This all-brick 7-unit building is the perfect investment, ideally located within walking distance to public transportation, Heights Fresh Market, BMO Bank, the Chicago Heights Public Library, and City Hall. With over 6,000 square feet of space, the property is almost fully rented and delivers impressive cash flow with a Cap Rate of 13.8! The building offers a variety of units, including: 1 spacious 3-bedroom/2-bath apartment; 1 3-bedroom/1-bath apartment; and 5 cozy 1-bedroom units. Many of the units feature charming vintage hardwood floors, with some offering upgraded kitchens and bathrooms. For additional income, there is also a coin-operated washer/dryer in place. The property has seen numerous updates, including: New roof, tuck pointing, New lentils on the front facade, New carpet in the common areas. 3 new furnaces and 2 new water heaters. Each unit has individual heat, and tenants are responsible for their own gas and electric. The basement offers ample storage space, currently unused. The property also offers rear parking for up to 6 cars. While the building is in excellent condition, it is being sold as-is. Don't miss out on this rare opportunity to own a well-maintained, high-performing property that promises strong returns and long-term growth!

Type:
Other
Sq.Ft.:
12,320
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
12201797

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:
Garage/Parking Space
Sq.Ft.:
26,000
Status:
Active
Beds:
n/a
Lot size:
1.07 Acres
Year built:
1975
Baths:
MLS#:
12193377

ADDITIONAL INFORMATION

Vacant 26,000 square foot warehouse on an acre of land with multiple overhead doors, warehouse spaces and office with bathrooms. The zoning is B-3 and allows for multiple uses outside of warehousing check out the attachment for more info. The location is ideal off the railroad tracks on a quiet street with plenty of room for semi trucks. Cannabis use is allowed with a special use permit from Chicago Heights.

Type:
Office
Sq.Ft.:
6,800
Status:
Active
Beds:
n/a
Year built:
1976
Baths:
MLS#:
12154351

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.:
6,600
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
12132732

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:
Business Opportunities
Sq.Ft.:
3,886
Status:
Active
Beds:
n/a
Year built:
1970
Baths:
MLS#:
12103597

ADDITIONAL INFORMATION

Looking to establish your own auto repair, car wash, or detailing business? Look no further! This prime corner location is ready for you. The property features spacious offices, convenient drive-in doors, secure fencing, a comfortable waiting area, multiple restrooms, and much more. Don't miss this opportunity to set up shop in a high-traffic area!

Type:
Other
Sq.Ft.:
10,000
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
12063871

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:
General Commercial
Sq.Ft.:
5,305
Status:
Active
Beds:
n/a
Year built:
1926
Baths:
MLS#:
11834841

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

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:
Garage/Parking Space
Sq.Ft.:
8,000
Status:
Active
Beds:
n/a
Year built:
1977
Baths:
MLS#:
11823237

ADDITIONAL INFORMATION

1/2 ACRE WITH A 8000 SQ FT REPAIR SHOP AND OFFICE. LOFT AREA FOR EXTRA STORAGE ALSO. OWNER HAS BEEN THERE FOR OVER 16 YEARS. SELLER IS SELLING BUILDING AND LAND, LIFTS AND EQUIPMENT ARE EXTRA. 3000 SQ FT CAN IS CURRENTLY LEASED, COULD STAY OR LEAVE. PLEASE DON'T BOTHER THE EMPLOYEES. SHOWINGS BY APPOINTMENT ONLY. PROPERTY SURVEY IN ADDITIONAL INFORMATION. MAKE A GREAT STORAGE YARD FOR CARS, TRUCKS, AND RV, AND BOATS. GREAT MONEY MAKER.

Type:
Business Opportunities
Sq.Ft.:
4,000
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1978
Baths:
MLS#:
11689955

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.

Type:
Office
Sq.Ft.:
44,000
Status:
Active
Beds:
n/a
Year built:
1966
Baths:
MLS#:
11275062

ADDITIONAL INFORMATION

Large 4 Story Brick/Office/Commercial building on a large lot of 122,000 square feet with plenty of parking and a limited use loading dock. Plenty of room to design your space and choose your square footage. Available open footage about 22,000 sq ft which can be tailored to fit most office lease needs. Each floor is about 7,500 sq. ft., plus there is an addition of 5,000 sq ft. Total footage is 44,000 sq ft. Rental Space available at $17 per sq ft. Building has multiple pin # 3220205008 and 3220205012

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Chicago Heights Real Estate

The median home value in Chicago Heights, IL is $163,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago Heights, IL is $163,000. Approximately 54.97% of Chicago Heights homes are owned, compared to 31.51% rented, while 13.52% 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 60411 has a population of 27,840. Chicago Heights 60411 is less family-centric than the surrounding county with 19.78% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Chicago Heights, Illinois 60411 is $54,870. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago Heights 60411 is 35.6 years.

Chicago Heights Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 39 inches per year, with 28 inches of snow per year.

Chicago Heights Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    214
    30-day change

Chicago Heights Schools and Demographics

Education near Chicago Heights, IL

Metric City County
High School Graduates 81.03 87.97
College Degree - 2 year 7.7 6.73
College Degree - 4 year 17.91 40.75
Graduate Degree 5.4 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Chicago Heights, IL

School Grades Students P/T Ratio ZIP
Coolidge Elementary School KG - 05 675 16.9 60438
Eastview Elementary School KG - 05 292 12.2 60475
Garfield Elementary School KG - 08 410 14.1 60411
Hickory Bend Elementary School KG - 04 304 13.2 60425
Longwood Elementary School PK - 04 360 13.7 60425
Nathan HALE Elementary School PK - 04 537 16.3 60438
Oak Glen Elementary School KG - 05 560 19.8 60438
Parkview Elementary School KG - 05 248 13.4 60475
Reavis Elementary School KG - 05 284 17.9 60438
Roosevelt Elementary School KG - 08 506 19.3 60411
Sandridge Elementary School PK - 08 395 17.9 60411
Saukview Elementary School PK - 05 298 13.2 60411
Serena Hills Elementary School PK - 05 370 13.1 60411
Strassburg Elementary School 03 - 05 408 13.6 60411
Wagoner Elementary School PK - 02 570 15.4 60411
Washington-McKinley Elementary School KG - 08 599 10.5 60411

Middle Schools near Chicago Heights, IL

School Grades Students P/T Ratio ZIP
Barack Obama School of Leadership and Stem 04 - 08 461 17.4 60411
Brookwood Junior High School 07 - 08 281 15.1 60425
Brookwood Middle School 05 - 06 266 14 60425
Columbia Central School 05 - 08 634 12.9 60475
Cottage Grove Upper Grade Center 05 - 08 161 9.4 60411
Heritage Middle School 05 - 08 497 12.9 60438
Memorial Junior High School 06 - 08 866 15.2 60438
Rickover Junior High School 06 - 08 470 12.1 60411

High Schools near Chicago Heights, IL

School Grades Students P/T Ratio ZIP
Bloom High School 09 - 12 1,673 22.2 60411
Bloom Trail High School 09 - 12 1,454 20.9 60411
Thornton Fractnl So High School 09 - 12 1,834 18.1 60438

Ungraded Schools near Chicago Heights, IL

School Grades Students P/T Ratio ZIP
* District 206 Alternative High School 09 - 12 56 7 60411
* Speed Independence High School 10 - 12 49 4.5 60411
Academy for Lifelong Learning (All) UG - UG 0 0 60411
Safe School Program 06 - 12 21 2.3 60411
Speed Program for Adaptive Learn 04 - 12 181 8.7 60411

Demographics near Chicago Heights, IL 60411

Metric Zip Code City
Neighborhood Type Suburban
Population 27,840 5,265,398
Population Density 2,731 5,572
Median Age 35.6 37.3
People per Household 2.9 2.5
Median Household Income 54,870 72,121
Average Income per Capita 23,659 41,706