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    500 Ashland Ave, Unit 25 Chicago Heights, IL 60411

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Chicago Heights, IL

    Type:Office
    Days on Market:
    275
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 500 Ashland Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1965
    Floors in Building
    2
    Building materials
    Brick

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Denise Raines (312) 953-5780

    Listing date Apr 6, 2025

    Copyright © 2025 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.

    Overview

    Versatile Office Space Available

    A two-room office space is available for rent, suitable for various uses. The unit was previously used as an attorney's office and most recently for massage therapy, offering flexibility for different business needs. The rental rate includes all utilities. Ample parking is available, with space for up to 60 cars in the front and back lots. The property is located on heavily traveled Ashland Avenue, providing good visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michael J. Mintz, ... Endodontist Illiana Endodontics, Inc. Endodontist Dr. Joseph W. ... Dentist Ashland Dental & Wellness ... Dentist Noetzel Orthodontics Orthodontist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.6554697
    Latitude
    41.5219671

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    FAQs

    What type of property is this?
    Office space - Two-room office space with utilities and ample parking included.
    Where is this office space located?
    The property is located at 500 Ashland Ave, Unit 25 Chicago Heights, IL.
    What are key features of this property?
    This property features: - All utilities included in rent.; - Ample parking with space for up to 60 cars.; - Excellent visibility on heavily traveled Ashland Avenue.
    (312) 953-5780
    Request Owner's contact information
    500 Ashland Ave, Unit 25 Chicago Heights, IL 60411
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    Chicago Heights, IL 60411
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Ashland Ave, Unit 25 Chicago Heights, IL 60411
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