IL
Cook
Chicago Heights
60411
1531 Western Avenue
1531 Western Avenue, Chicago Heights, IL 60411
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Listing Type
Commercial/Industrial
Listing Status
Active
25
$275,000
Home Details for 1531 Western Avenue
Price
$275,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1953
County
Cook
Garage
Days on site
148
MLS Listing#
12484062
Property Description
**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!
Property Features
Cooling Information
- Central Air
- Zoned
Utilities
- Natural Gas Available
- Sewer Connected
Listing Courtesy: Coldwell Banker Realty - 773-451-1200
Based on information submitted to the MLS GRID as of 2026-02-25 08:50:55. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2026-02-25 08:50:55
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675Office
312 554 5478
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