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    849 S Halsted St Chicago Heights, IL 60411

    Sponsored
    For Sale
    $279,999

    COMMERCIAL - Chicago Heights, IL

    Type:Retail
    Lot size:
    0.38 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 849 S Halsted St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    32163090030000
    Lot size
    0.38 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    2

    Hoff, Realtors (708) 308-4448 [email protected]

    Listing agent Larrell Lee (708) 935-8704

    Listing date Jan 3, 2026

    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.

    Overview

    Two-Unit Building in Chicago Heights

    This is a two-unit, free-standing building with a total area of 3158 square feet. The property is located in Chicago Heights, Illinois. The lot size is 0.38 acres. The current tenants include a beauty shop and a carry-out restaurant. The restaurant comes with the purchase of the building. The zoning is COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marnell's Fast Food Restaurant

    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
    -87.635079
    Latitude
    41.5154933

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    FAQs

    What type of property is this?
    Retail space - Two-unit commercial building with tenants in Chicago Heights, IL.
    Where is this retail space located?
    The property is located at 849 S Halsted St Chicago Heights, IL.
    What is the asking price?
    The asking price for this property is $279,999.
    What are key features of this property?
    This property features: - Two-unit free-standing building offering 3158sf.; - Includes a carry-out restaurant business.; - Current tenants include a beauty shop and a restaurant.
    (708) 935-8704
    Request Owner's contact information
    849 S Halsted St 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
    849 S Halsted St Chicago Heights, IL 60411
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