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$1,199,000

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25 E 16th ST Chicago Heights, IL 60411

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Sherry Davis

sherrydavis@epique.me +1(262) 758-4176

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12490127

Tax Year 2023

Lot Dimensions 508X233X100X124X220X110X155X97

Property Sub-Type Land

Property Description

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.

Location

State IL

County Cook

Area Chicago Heights

Zoning COMMR

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Building

Dwelling Type Land

Schools

School District 170 , 170, 206

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Ruben Vallejo of Village Realty, Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

7

Western Avenue Elementary School

Public | KG - 5
6

Illinois School

Public | KG - 8
6

Serena Hills Elementary School

Public | PK - 5
6

Lincoln Elementary School

Public | KG - 8
5

21st Century Preparatory Center

Public | PK - 3
5

Kennedy Elementary School

Public | KG - 8
5

Beacon Hill Primary Center

Public | PK - 3
5

Cottage Grove Upper Grade Center

Public | 5 - 8
5

Hickory Bend Elementary School

Public | KG - 4
4

Wilson Elementary School

Public | KG - 8
4

Roosevelt Elementary School

Public | KG - 8
4

Winston Churchill School

Public | 3 - 4
4

Washington-Mckinley Elementary School

Public | KG - 8
3

Greenbriar Elementary School

Public | KG - 8
3

Jefferson Elementary School

Public | KG - 8
3

Garfield Elementary School

Public | KG - 8
3

Eastview Elementary School

Public | KG - 5
2

U S Grant Elementary School

Public | KG - 8
2

Brookwood Middle School

Public | 5 - 6
0

Illinois Montessori Children's House

Private | PK - KG

Middle Schools 2

5

Brookwood Jr High School

Public | 7 - 8
4

Columbia Central School

Public | 6 - 8

High Schools 5

1

Bloom High School

Public | 9 - 12
1

Bloom Trail High School

Public | 9 - 12
0

Speed Independence High School

Public | 9 - 12
0

Marian Catholic High School

Private | 9 - 12
0

District 206 Alternative High School

Public | 9 - 12

School and business data provided by Attom Data.

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Sherry Davis

License ID: 265248

+1(262) 758-4176

25 E 16th ST Chicago Heights, IL 60411

Sherry Davis

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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25 E 16th ST