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$ 231,481
Est. payment /mo
Active
1488 Aberdeen ST Chicago Heights, IL 60411
2,516 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 2,516 sqft
Price per Sqft $92
MLS Listing ID 12188417
Year Built 1961
Tax Year 2023
Lot Dimensions 41.0 X 126.1
Property Sub-Type Office/Tech
Property Description
AS-IS. Prime Commercial Investment Opportunity in Chicago Heights, IL Unlock the potential of this 3-unit commercial property located in the heart of the B5 Central Business District - an area primed for growth and redevelopment. Offering 2,516 sq. ft. of flexible space with 3 front entrances and 3 rear exits, this property is ideal for retail, office, or healthcare businesses seeking high visibility. Investment Highlights: Income Potential: This property is positioned to generate steady rental income, with market rates in the area supporting a strong return on investment. NOI Growth Opportunity: With strategic upgrades or improved tenant retention, there's potential to enhance cash flow and maximize profitability. Flexible Cap Rate Appeal: Priced to attract both conservative investors seeking stability and value-driven buyers targeting future upside. Prime Location: Positioned across from the Chicago Heights Public Library and Park District Facility, ensuring consistent foot traffic. Versatile Space: Suitable for retail shops, professional offices, or healthcare providers. Prime Location: Central Business District. Positioned across from the Chicago Heights Public Library and Park District Facility, ensuring consistent foot traffic. Versatile Space: Suitable for retail shops, professional offices, or healthcare providers. Seize the opportunity to establish your business in this strategically located, all-brick, single-level commercial property at 1488 Aberdeen St, Chicago Heights, IL 60411. Key Features: * Versatile Layout: The property encompasses eight rooms across three units, each with its accessible entrance and exit, ensuring seamless access for clients and staff. * Dedicated Conference Space: One unit features a dedicated conference room, perfect for hosting meetings, collaborative sessions, or providing a quiet workspace. With a freshly power-washed exterior and a newly painted interior. Optimal Size: Spanning under 5,000 square feet, this property offers a manageable space that is easy to maintain and does not require extensive parking facilities. Strategic Location: Situated in the heart of the Central Business District, this property is directly across from the public library and within view of the newly constructed Affordable Housing for Veterans. Ideal For: This property is perfectly suited for neighborhood service businesses that cater to walk-in or appointment-based clients, such as * Medical and Dental Offices: Which provide accessible healthcare services to the local community. * Law Firms and Consulting Agencies: Utilize the dedicated conference room for client meetings and collaborative work. * Wellness Centers Offer personalized services in a welcoming environment. Why Choose This Property? * High Visibility: The prime location ensures your business is easily noticeable to potential clients. * Community Integration: Proximity to the public library and veteran housing fosters a sense of community engagement. * Ease of Access: Multiple entrances and exits enhance accessibility for all clients. Take the Next Step: Don't miss the chance to position your business in this exceptional property. Schedule a viewing today to explore the full potential and envision how this space can be tailored to your business needs. For more details and to arrange a viewing, please contact the listing broker
Location
State IL
County Cook
Area Chicago Heights
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Office/Tech
Level or Stories 1
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ijlal Munir • Ijlal Munir Real Estate Service
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