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Chicago Heights Commercial Property
For Sale
$180,000

1488 Aberdeen St, Chicago Heights, IL 60411

Single-level commercial property in Chicago Heights' Central Business District.

Property Size2,516 SF
Price / SF$71.54
Days on Market167

Property Features for 1488 Aberdeen St

General Information

Standard status Active
Size 2,516 SF

Building Details

Year Built 1961
Listing Agency: Ijlal Munir Real Estate Service
Listed By: Ijlal Munir
Source: Amyboston.realtopiare
Added: Mar 26 Changed: Sep 8 Last Checked: Aug 25 at 4:13AM

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 Ijlal Munir Real Estate Service

Investment Insights

Based on property information with market context.

Located in Chicago Heights’ B5 Central Business District, this single-level, brick commercial property offers 2,519 square feet divided into three units, each approximately 840 square feet depending on interior configuration. The property features eight rooms distributed across the three units, each with its own private entrance and exit. One unit includes a dedicated conference room suitable for meetings, co-working, or group activities. The property is suitable for professional services, wellness providers, community services, boutique retail, or medical-related uses. The property is located in the heart of the Chicago Heights Central Business District, with quick access to Lincoln Highway (US-30) and Aberdeen Street. It is surrounded by key community anchors, including the public library, the park district facility, and newly built affordable housing for veterans, providing a built-in customer and client base for a wide range of businesses. This property is ideal for buyers who wish to occupy one unit while leasing the others, maximizing both investment returns and entrepreneurial opportunity. The City of Chicago Heights assists business owners through local and state financial incentives and tax abatement programs, helping businesses thrive and expand.

Key Highlights

  • Prime location in Chicago Heights Central Business District, near community anchors providing a built‑in customer base.
  • Income approach valuation confirms fair and accurate pricing.
  • Rare opportunity to own a brick, single‑level commercial property with three distinct units.

Property Analytics

Current Use

IWDMCC Association Or Organization D Imamw Administrative ... City Government Office

Suggested Use

Top Pick Real Estate Agency Pharmacy Spa & Massage Center Skin Care Clinic Cafe & Coffee Shop Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

823
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60411, IL

53,515
Population
21,382
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
87%
High-School Grad
30.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$56,627
Median Household Income
$35,995
Median Earnings
$1,156
Median Rent
$148,200
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?
Storefront property - Single-level commercial property in Chicago Heights' Central Business District.
Where is this storefront property located?
The property is located at 1488 Aberdeen St Chicago Heights, IL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Prime location in Chicago Heights Central Business District, near community anchors providing a built‑in customer base.; Income approach valuation confirms fair and accurate pricing.; Rare opportunity to own a brick, single‑level commercial property with three distinct units.
More about this property
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