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Two-Story Live-Work Office Building
For Sale
Contact for pricing
Pending

16162 Ellis Ave, South Holland, IL 60473

Masonry stand-alone property offers office space on the first floor and residential units on the second floor.

Property Size3,750 SF
Days on Market132

Property Features for 16162 Ellis Ave

General Information

Standard status Pending
Size 3,750 SF
Property subtype Office

Additional Details

Highway Access Yes

Amenities

tenant storage
laundry

Building Details

Year Built 1960
Stories 2
Construction masonry
Listing Agency: Lagestee-Mulder Inc
Listed By: Martha Winter · License #471002749
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 20 at 9:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lagestee-Mulder Inc

Investment Insights

Based on property information with market context.

16162 S Ellis is a masonry, stand-alone two-story building built in 1960. The first floor features professional office space, while the second floor contains residential apartment units. A basement level is used for tenant storage and laundry, supporting day-to-day residential and office operations.

The property includes parking in both the front and back parking lots. It is positioned off South Holland’s retail corridor and abuts a quiet residential neighborhood, with walkability to 162nd Street and convenient vehicular access to I-94 and I-294.

With office and residential space combined within one building, this property suits a range of buyer objectives, including investor and owner-user scenarios, as well as live/work environments.

Key Highlights

  • Masonry, stand‑alone building built in 1960 with 3,750± SF of office and residential rental space
  • First floor features professional office space; second floor has residential apartment units
  • Basement level includes tenant storage and laundry

Property Analytics

Current Use

Gary M Kurc ... Law Firm Tracey C. Adams, ... Counselor Keajuanis Malena Psy.D Physician Alderson Family Connections ... Crisis Center Integrity Managed Services Professional Services

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Masonry stand-alone property offers office space on the first floor and residential units on the second floor.
Where is this live-work space located?
The property is located at 16162 Ellis Ave South Holland, IL.
What are key features of this property?
This property features: Masonry, stand‑alone building built in 1960 with 3,750± SF of office and residential rental space; First floor features professional office space; second floor has residential apartment units; Basement level includes tenant storage and laundry
(708) 333-8338 Call to check price and availability
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