Courtesy: Compass
773-482-1917
42-44 W 14th St is a recently updated commercial office property positioned directly along the high-visibility Lincoln Highway (US-30) corridor in Chicago Heights, offering exceptional exposure and accessibility in one of the area's most heavily traveled commercial corridors. Situated on a single contiguous site comprised of six individual PINs, the property includes two separate buildings totaling approximately 6,600 square feet, along with a dedicated 20-space parking lot. The main building (5,400 SF) is currently vacant and offers a flexible layout featuring a combination of open-concept workspace and private offices, making it ideal for an owner-user or investor seeking strong income potential. Based on market conditions and layout flexibility, the vacant building has the potential to generate approximately $7,000 per month in rental income. The space is well suited for a variety of uses including medical offices, wellness businesses, coworking concepts, educational or training centers, salon suites, professional services, creative studios, and service-based businesses. With excellent frontage and visibility directly off Route 30, the property also presents a unique opportunity for a highly visible sandwich shop, cafe, salon suites, or specialty food business looking to capitalize on strong daily traffic counts and surrounding community activity. Additionally, the site offers outstanding potential for an EV charging station or future-forward automotive-related use due to its prominent location, dedicated parking field, strong traffic exposure, and accessibility along a major transportation corridor. Recent improvements to the main building include exposed brick walls, approximately 10-foot ceilings, epoxy flooring throughout, upgraded lighting, two remodeled restrooms, a kitchen area, two brand-new furnaces, and a partially new roof. The secondary building (1,200 SF) has also been updated and is currently leased at $1,800 per month on a month-to-month basis. Utilities are separately metered and paid directly by the tenant, providing immediate in-place income for an investor or owner-user. Zoned B-4 Office/Business District, the property supports a wide range of commercial and professional uses. Located near civic anchors including the Chicago Heights Park District and Public Library, and benefiting from approximately 31,000-37,000 vehicles per day along Lincoln Highway, this property offers a rare combination of visibility, flexibility, income potential, and long-term upside. This is an incredible affordability window to establish a business presence or investment foothold in Chicago Heights as the area continues to see ongoing redevelopment, infrastructure improvements, and commercial growth. For additional information, and specialized financing options, please contact: Vasia Skliros Compass Real Estate 6306775061
Courtesy: Choice Realty Group Inc.
773-782-6679
Great investment opportunity. This three unit building is fully rented. An investors dream, purchase and immediately start collecting rent. Building is well cared for. Buyer responsible for all Chicago Heights inspection and repairs. Sold as is. No survey provided.
Courtesy: Coldwell Banker Realty
312-981-5500
The Ashland Building is a high-profile, corner 2-Story medical office with a full basement. White Miami brick masonry building with a large parking lot surrounding it on 3 sides. Over 1 acre of land is included in this magnificent opportunity. Currently, owner-occupied shows pride of ownership. Currently has 3 vacant spaces: 1st floor 1250sf mls #12636096 and 2nd floor 2100sf mls #12636103 and 650sf mls#12641529. Perfect for a new owner occupier can move in with income, as the owner will agree to a long-term lease-back for full occupancy. Perfect for 1031 investors or anyone looking to park cash into a nice, clean, and well-maintained investment building.
Courtesy: Berkshire Hathaway HomeServices Chicago
312-944-8900
Excellent commercial opportunity in Chicago Heights, ideally suited for an owner-user or investor. This 6000 sq ft 4 office/Lobby/warehouse with on-site parking and strong accessibility to major arterials, including Lincoln Highway (US-30) and nearby expressways. The property offers a flexible interior layout appropriate for a wide range of uses, including retail, office, service, light industrial, or contractor-oriented operations (subject to zoning and municipal approval). Existing infrastructure and building footprint provide a solid foundation for renovation, repositioning, or customization to fit a specific business model. Key highlights include: * Freestanding commercial building * Generous lot with parking * High visibility location within an established commercial corridor * Convenient access to regional transportation routes * Strong upside through renovation or adaptive reuse
Courtesy: Coldwell Banker Realty
312-981-5500
Prime commercial opportunity in the heart of Chicago Heights! This versatile property at 348 W 14th St offers excellent visibility, generous frontage, and flexible space ideal for retail, office, or service-based operations. Conveniently located just off Lincoln Highway and minutes from Route 1, it draws consistent traffic from nearby residential neighborhoods, schools, and local businesses. The site features ample parking and multiple access points, making it ideal for both customers and deliveries. Whether you're an investor seeking a strong-cash-flow asset or an owner-operator ready to expand, this property delivers the exposure and functionality every business needs. Chicago Heights continues to benefit from active redevelopment and commercial revitalization-position yourself now for future growth in this thriving corridor.
Courtesy: Coldwell Banker Realty
773-451-1200
**Massive Price Reduction** on this large 7-unit Commercial Space situated in a high traffic area with more than 3 (three) Acres that can be used for expansion. Many long-term tenants include Harold's Chicken, a Cell phone store and Hair businesses. The property offers 40 parking spaces, central air and great exposure for tenants. Savvy investors with vision will see the opportunities of this nicely situated high-traffic commercial space whether breaking ground on a new mixed-use development, adding an RV Park, storage, restaurants, and much more. This property offers a 15 proforma cap rate before improvements with plenty of room to grow!
Courtesy: Ijlal Munir Real Estate Service
708-829-9685
AS-IS. Unlock the Potential of an Affordable Multi-Tenant Investment Opportunity Savvy investors seeking cash flow, value-add potential, and long-term appreciation should take a closer look at this strategically located commercial property in the heart of Chicago Heights. Located at 1488 Aberdeen Street, this all-brick commercial building offers approximately 2,516 square feet and is configured into three separate income-producing units, creating multiple revenue streams under one roof. Properties of this size are increasingly attractive to investors and owner-users seeking lower acquisition costs, manageable operating expenses, and flexibility in the Chicago Heights commercial market. Why Investors Should Take Notice Three Separate Rental Opportunities Diversify income risk through multiple tenants rather than relying on a single occupant. B5 Central Business District Zoning A flexible zoning classification that may accommodate a variety of commercial uses, subject to municipal approval. Value-Add Potential Investors who recognize opportunity understand that properties requiring improvements can often create the greatest returns. Strategic upgrades and leasing improvements may provide significant upside in rental income and overall asset value. Affordable Entry Point Commercial properties with multiple income streams at this price point are becoming increasingly difficult to find throughout the Chicagoland area. Strong Demand for Small Commercial Spaces Current market trends continue to favor smaller retail, office, professional service, medical, and community-oriented spaces under 3,500 square feet. Single-Story Brick Construction A durable, low-maintenance structure with multiple entrances that may support a variety of tenant configurations. Potential Uses Include Professional Offices Medical or Wellness Services Insurance or Financial Services Tax Preparation Offices Real Estate Offices Educational Services Nonprofit Organizations Retail Service Businesses Mixed Multi-Tenant Occupancy The Opportunity This property is ideally suited for an investor seeking to reposition an asset, improve occupancy, increase rental rates, or capitalize on the growing demand for affordable commercial space in Chicago Heights. Rather than paying premium prices in neighboring communities, investors can acquire a multi-unit commercial asset at a significantly lower basis while pursuing enhanced cash flow and future appreciation. Investment Highlights Approximately 2,516 SF Three commercial units Multiple entrances and exits All-brick construction B5 Central Business District zoning Income-producing potential Value-add opportunity Convenient Chicago Heights location Attractive acquisition cost relative to surrounding markets Opportunity often appears where others see work. Investors who understand the power of acquiring below replacement cost and creating value through strategic improvements should schedule a tour with their broker and evaluate the possibilities that 1488 Aberdeen Street has to offer. "The next successful investment isn't always the newest property-it's often the property with the greatest potential."
Chicago Heights is located in Illinois. Chicago Heights, Illinois has a population of 27,840. Chicago Heights is less family-centric than the surrounding county with 23.21% 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 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 is 35.6 years.
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.
