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    Chicago Heights, IL Hospitality Properties for Sale

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    Commercial Space with Expansion Potential
    $275,000

    Commercial Space with Expansion Potential

    1531 Western Avenue, Chicago Heights, IL 60411

    Seven-unit commercial space on three acres with expansion opportunities.

    • High‑traffic location with over 3 acres for expansion.
    • 7‑unit commercial space with long‑term tenants such as Harold's Chicken.
    • 15% proforma cap rate before improvements.
    • 40 parking spaces and central air.
    • Potential for mixed‑use development, RV Park, storage, or restaurants.
    Updated: Sep 30, 2025
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Chicago Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Chicago Motel with Restaurant Building
    $2,300,000
    0.31 Acres

    Chicago Motel with Restaurant Building

    34-room motel with separate restaurant in Chatham neighborhood.

    7621 S Cottage Grove Avenue, Chicago, IL 60619
    View details
    Chicago Motel Near Cottage Grove
    $2,450,000
    0.42 Acres

    Chicago Motel Near Cottage Grove

    37-room motel in Greater Grand Crossing community for sale.

    9112 S Cottage Grove Avenue, Chicago, IL 60619
    View details
    Land for Hotel, Office, Flex
    $695,000

    Land for Hotel, Office, Flex

    Located at I-80 and Route 30, ideal for development.

    450 DeGroate Road, New Lenox, IL 60451
    View details
    18.76 Acres For Redevelopment
    $12,500,000
    18.76 Acres

    18.76 Acres For Redevelopment

    18.76 acres for redevelopment at I-80 and Route 30.

    1500 W Lincoln Highway, New Lenox, IL 60451
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mokena Commercial Land Opportunity
    $4,250,000
    17.81 Acres

    Mokena Commercial Land Opportunity

    Prime commercial land with flexible zoning and high visibility.

    191 88th Avenue, Mokena, IL 60448
    View details
    Corner Land Parcel in Tinley Park
    $2,103,283
    3.33 Acres

    Corner Land Parcel in Tinley Park

    3.33 acres of land with high traffic exposure.

    17500 LaGrange Road, Tinley Park, IL 60487
    View details
    Cedar Lake B-3 Zoned Land
    $357,300
    1.44 Acres

    Cedar Lake B-3 Zoned Land

    1.44 acre B-3 zoned lot in Railside Business Park.

    13861 Alexander Street, Cedar Lake, IN 46303
    View details
    Cedar Lake B-3 Zoned Land
    $397,300
    1.35 Acres

    Cedar Lake B-3 Zoned Land

    1.35 acre B-3 zoned lot in Cedar Lake, Indiana.

    13951 Alexander Street, Cedar Lake, IN 46303
    View details

    Explore Off-Market Properties in Chicago Heights, IL

    Consider similar Off-Market properties in Chicago Heights, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    460 Lincoln Hwy

    460 Lincoln Hwy

    MOTEL • 0.41 Acres
    Value Estimation by Request
    460 Lincoln Hwy, Chicago Heights, IL 60411-2463
    View details
    2325 Lincoln Hwy

    2325 Lincoln Hwy

    MOTEL • 0.86 Acres
    Value Estimation by Request
    2325 Lincoln Hwy, Lynwood, IL 60411-7713
    View details

    Chicago Heights, IL Hospitality Properties Investment Opportunities Market Analysis

    Explore 3 hospitality properties for sale in Chicago Heights, IL on our real estate platform. These investment opportunities span a total of 55,452 square feet of properties for sale, with an estimated market value of $550,000.

    Sale prices for hospitality properties in Chicago Heights, IL start at $255,000, averaging $275,000, and reaching up to $295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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