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Storefront Property With Loft Offices
For Sale
$365,000

16224 Prince Drive, South Holland, IL 60473

Commercial Sale, South Holland, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market90

Property Features for 16224 Prince Drive

General Information

Property type Commercial Sale
Property subtype Retail
Directions Take I-94 (Bishop Ford) to the 163rd St exit. Head east on 163rd St. Turn left onto Prince Dr. (Cleopatra Hair Design) will be on your left
Subdivision South Holland
Standard status Active
APN 29232020260000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 28160

Utilities

Cooling system Central Air

Building Details

Year built 1994
Floors in Building 2
Listing Agency: REMAX Legends · RE/MAX International
Listed By: Sabrina Herrera
Added: May 28 Changed: Aug 20 Last Checked: Aug 25 at 11:06AM
MLS# 12662209

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1994 storefront property at 16224 Prince Drive includes an open first-floor area with a restroom and a loft-style upper level. The second floor contains two offices and another restroom, creating a flexible configuration for additional office space, private suites, storage, or creative work areas subject to municipal approval. Elevator service connects the levels, and the building has central air conditioning. The property is currently operating as a hair salon, with business and equipment potentially available separately.

The site is positioned near I-94 within the Route 6 and 162nd Street corridor in South Holland. Surrounding commercial businesses and commuter activity are identified in the property information, with access from Prince Drive. Any future use remains subject to applicable zoning approval.

Key Highlights

  • 1994 storefront property with open first‑floor layout
  • Loft‑style upper level includes 2 offices and an additional restroom
  • Elevator access serves the two‑level commercial layout

Property Analytics

Current Use

bookie braids llc Hair Salon Cleopatra Hair Design Hair Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60473, IL

21,661
Population
7,969
Households
2.7
Avg Household Size
43
Median Age
27%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,777
Density / Sq Mi
$88,046
Median Household Income
$40,903
Median Earnings
$1,914
Median Rent
$200,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Two-level commercial layout includes open retail space, offices, restrooms, and elevator access.
Where is this storefront property located?
The property is located at 16224 Prince Drive South Holland, IL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 1994 storefront property with open first‑floor layout; Loft‑style upper level includes 2 offices and an additional restroom; Elevator access serves the two‑level commercial layout
More about this property
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