Two Unit Free Standing (3158sf) Building. Current tenants: a beauty shop & carry-out restaurant. Which restaurant comes with the purchase of the building
Newly rehabbed 5 unit building with extremely strong rents! Boasting an 8.43% cap rate providing 10.09% cash on cash return, this is a strong turnkey investment. This building has been turned over and updated over the last year with new/refinished flooring through most of the apartments, fresh paint, new or freshened up cabinets, several updated bathrooms, several updated countertops, and exterior updates/repairs. Plenty of parking and large floorplans make this an easy to rent building.
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.
THIS FORMER BANK BUILDING IS 6,250 SF WITH A FULL BASEMENT OFFERING ANOTHER 6,250 SF, OF WHICH ABOUT 5,400 SF IS LEASABLE AND USABLE SPACE, ALL SITUATED ON 1.5 ACRES. LOCATED IN THE CENTRAL BUSINESS DISTRICT, THE PROPERTY IS ZONED MX2 (MIXED USE) - AN INCREASINGLY DESIRABLE DESIGNATION WITH NEW DEVELOPMENT ALREADY PLANNED IN THE AREA. ALL FIXTURES FOR A BANK FACILITY REMAIN IN PLACE, INCLUDING 3 SAFES. FEATURES INCLUDE A LARGE LOBBY AREA, TRAINING ROOM, PRIVATE OFFICES WITH BATHROOMS, AND A FULLY FINISHED BASEMENT WITH A KITCHEN, MULTIPURPOSE ROOM, BANQUET ROOM, AND TWO ADDITIONAL BATHROOMS. THE ZONING ALLOWS FOR A WIDE RANGE OF USES INCLUDING RETAIL, OFFICE, DAYCARE, BANK, OR EVEN RESIDENTIAL CONVERSION. THE CITY OF CHICAGO HEIGHTS IS OPEN TO APARTMENTS BEING ADDED TO THE EXISTING BUILDING, MAKING THIS AN ATTRACTIVE REDEVELOPMENT PLAY. ADDITIONAL HIGHLIGHTS INCLUDE SOLID MASONRY CONSTRUCTION, PLENTY OF PARKING, EXPANSION LAND, BACKUP GENERATOR, ALARM SYSTEM, SECURITY CAMERAS, AND OVER 800 AMP, 3-PHASE SERVICE.
Large 7-unit Commercial Space situated in a high traffic area with more than 3 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.
THIS FORMER BANK BUILDING IS 6,250 SF WITH A FULL BASEMENT OFFERING ANOTHER 6,250 SF, OF WHICH ABOUT 5,400 SF IS LEASABLE AND USABLE SPACE, ALL SITUATED ON 1.5 ACRES. LOCATED IN THE CENTRAL BUSINESS DISTRICT, THE PROPERTY IS ZONED MX2 (MIXED USE) - AN INCREASINGLY DESIRABLE DESIGNATION WITH NEW DEVELOPMENT ALREADY PLANNED IN THE AREA. ALL FIXTURES FOR A BANK FACILITY REMAIN IN PLACE, INCLUDING 3 SAFES. FEATURES INCLUDE A LARGE LOBBY AREA, TRAINING ROOM, PRIVATE OFFICES WITH BATHROOMS, AND A FULLY FINISHED BASEMENT WITH A KITCHEN, MULTIPURPOSE ROOM, BANQUET ROOM, AND TWO ADDITIONAL BATHROOMS. THE ZONING ALLOWS FOR A WIDE RANGE OF USES INCLUDING RETAIL, OFFICE, DAYCARE, BANK, OR EVEN RESIDENTIAL CONVERSION. THE CITY OF CHICAGO HEIGHTS IS OPEN TO APARTMENTS BEING ADDED TO THE EXISTING BUILDING, MAKING THIS AN ATTRACTIVE REDEVELOPMENT PLAY. ADDITIONAL HIGHLIGHTS INCLUDE SOLID MASONRY CONSTRUCTION, PLENTY OF PARKING, EXPANSION LAND, BACKUP GENERATOR, ALARM SYSTEM, SECURITY CAMERAS, AND OVER 800 AMP, 3-PHASE SERVICE.
Great location for most type of business opportunity. Great traffic count. parking for 40+ vehicles. Seller may assist with financing.
Discover a rare opportunity to own over 5,000 square feet of space, conveniently located off of Lincoln Highway, currently operating as a place of worship. The sanctuary seats up to 250 guests comfortably, making it ideal for gatherings, events, or continued religious use. Step into a welcoming lobby/reception area that sets the tone for the rest of the property. Inside, you'll find two restrooms, plenty of office and storage space, and a functional layout that supports a wide range of uses. The HVAC system was installed in 2020, and additional wall-mounted space heaters in the reception and office areas offer supplemental comfort. Whether you're an organization seeking a worship center or a community builder ready to reimagine the space for creative arts, childcare, education, or wellness-this property offers unmatched flexibility in a desirable, accessible location. Bring your vision and make it reality here!
20290 Cottage Grove Ave Zoned I-1 Restricted Industrial per Cook County Web Site. Property is 15+ acres with 1,109 ft of Road frontage by 604' deep. Property has 2 Curb cuts. Current owners use is farm and looking to retire. Maintenance Shop is 45 x 63 (2,835 sf) Insulated Concrete floor Heated w LED Lighting. One set of slide doors 20' wide & 13.6 tall and one 10x10 Overhead Door. Warehouse / Machinery Shed 60x200 (12,000sf) insulated & 10" concrete floors with a 30'W x 15' T and 20' W x 15'T sliding doors 3 phase 400 amp service built in 1994 Pole Barn 30x80 (2,400 sf) open ended 13.9 Tall x 28W with gravel / dirt floor (ruff). House Features 9' ceiling main floor w up dated Kitchen & Bath / Master Bedroom 1st fl and 3 bedrooms second floor. Heat -Gas- Forced Air & Central Air, Water softener. Basement is for storage, unfinished. Property has 2 wells one is a 6" for house and shop. There is a 12" well behind maintenance shop rated at 150 gallons a minute that needs a pump. Corn storage Bids also on site, negotiable. This property is in un-incorporated Cook County, the designation of Chicago Heights is for Postal location. Total of 17,235 sf under roof for your business plus the 4 bedroom house.
High visibility location located on large corner lot. Previously used as a community center, this commercial building is ideally set up for a day care or small store front. This 7 room business features a lobby, front workstation, small office, kitchen, bathroom including walk-in shower and 3 additional flex rooms. Full unfinished basement is ideal for additional storage space as well as laundry hookups and rear exterior access. Recent updates include new roof, new windows, new front door, rear deck and covered basement access. Interior updates include new laminate and ceramic flooring and fresh paint. Large grassy area adjacent to the building is perfect for outdoor activities or ability to add on site parking. Central heat and air conditioning, hot water heater and sump pump. Not much left to do to make this the perfect space for your business. Schedule a showing today!
This small commercial/retail storefront or office space, located in Chicago Heights' B5 Central Business District, is supported by recent market data and listings. Average asking rents are established annually on a per-square-foot basis, depending on the landlord. The income approach was used to determine the property's value (price), which aligns with the market-supported rental potential. About the Building This brick, single-level commercial property consists of a total of 2,519 sq. ft., divided into three units, each approximately 840 sq. ft., depending on interior configuration. A typical vacancy allowance was applied, the Effective Gross Income (EGI) was calculated, and standard operating expenses for Chicago Heights commercial property were used. A typical Chicago Heights commercial cap rate was also applied. Because there are no true comparable sales, the income approach was the appropriate and primary valuation method, and it supports the current pricing. The City of Chicago Heights requires a few minor repairs, and the buyer will need to place a small escrow to cover those items. Bottom Line Market rents fully support the income approach used for pricing, confirming that the property is fairly and accurately priced. This is an exceptional and rare opportunity to own a brick, single-level commercial property featuring three distinct retail or office units-perfect for investors, entrepreneurs, or owner-occupants. Property Highlights Flexible Layout for Multiple Businesses The building features eight rooms distributed across the three units, each with its own private entrance and exit. One unit includes a dedicated conference room suitable for meetings, co-working, or group activities-ideal for professional services, wellness providers, community services, boutique retail, or medical-related uses. Prime Location for Community Engagement The property sits in the heart of the Chicago Heights Central Business District, with quick access to Lincoln Highway (US-30) and Aberdeen Street. It is surrounded by key community anchors-including the public library, the park district facility, and newly built affordable housing for veterans-providing a built-in customer and client base for a wide range of businesses. Chicago Heights has a long-standing reputation for assisting business owners through local and state financial incentives and tax abatement programs, helping businesses thrive and expand. Opportunity for Owner-Occupancy This property is ideal for buyers who wish to occupy one unit while leasing the others, maximizing both investment returns and entrepreneurial opportunity-a strong way to establish a business presence while generating rental income.
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

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.