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Loft-Style Retail Space
For Sale
$365,000

16224 Prince Drive, South Holland, IL 60473

Flexible commercial layout with elevator access, restrooms on both levels, and an upper floor suited to office or storage use subject to approval.

Property Size2,700 SF
Days on Market76

Property Features for 16224 Prince Drive

General Information

Standard status Active
Size 2,700 SF
Elevators Yes
Property subtype Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $28,160

Building Details

Building Size 2,700 SF
Year Built 1994
Stories 2
Abandoned No
Listing Agency: REMAX Legends
Listed By: Sabrina Herrera
Source: Exit2newbeginningz
Added: May 28 Changed: Aug 10 Last Checked: Aug 10 at 4:17AM

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 REMAX Legends

Investment Insights

Based on property information with market context.

This retail property offers a two-level commercial configuration with an open first floor, a restroom, and a loft-style upper floor containing two offices and a second restroom. Elevator service connects the levels. The building dates to 1994 and is currently operated as a hair salon. Potential future uses, including office expansion, private suites, storage, or creative workspace, are subject to municipal and zoning approval. Business assets and equipment may be available separately.

The property is located at 16224 Prince Drive in South Holland, along the Route 6 and 162nd Street corridor, just off I-94. Established commercial businesses and commuter activity surround the corridor, supporting convenient access for customers and employees.

Key Highlights

  • Two‑level retail layout with an open first floor and loft‑style upper level
  • Upper floor includes two offices, a restroom, and flexible office or storage potential subject to approval
  • Elevator provides access between the first and upper levels

Property Analytics

Current Use

bookie braids llc Hair Salon Cleopatra Hair Design Hair Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience 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

189
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial layout with elevator access, restrooms on both levels, and an upper floor suited to office or storage use subject to approval.
Where is this retail space located?
The property is located at 16224 Prince Drive South Holland, IL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑level retail layout with an open first floor and loft‑style upper level; Upper floor includes two offices, a restroom, and flexible office or storage potential subject to approval; Elevator provides access between the first and upper levels
More about this property
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