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    130 E 14Th St Chicago Heights, IL 60411

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    For Lease
    $16 SF/Yr

    Restaurant ready for immediate operation, all inspections passed and licensed.

    Property Features for 130 E 14Th St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1928

    Source: SHANOR LARDE Agent SHANOR LARDE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Ready for Business

    This restaurant property is ready for business, having passed all village inspections and currently holding a business license. A new business operator is being sought. The tenant will be responsible for obtaining their own license, as well as covering the costs for electricity, gas, and a flat water fee of $75.00.
    Location Intelligence

    Current Use by Public Records

    J & T Barbeque ... Barbecue 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
    -87.6326019
    Latitude
    41.5059754

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    FAQs

    What type of property is this?
    Restaurant - Restaurant ready for immediate operation, all inspections passed and licensed.
    Where is this restaurant located?
    The property is located at 130 E 14Th St Chicago Heights, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Restaurant is ready for business.; - Passed all village inspections.; - Business is currently licensed.
    (708) 475-7477
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    130 E 14Th 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
    130 E 14Th St Chicago Heights, IL 60411
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