25 16Th StChicago Heights, IL 60411

This 12,500 square foot, Class C retail building in Chicago Heights, IL, presents a unique investment opportunity. Located on a 1.5-acre lot in the central business district and zoned B-5, this property offers significant potential for redevelopment. Previously a bank and more recently a youth and adult center, the building features a 6,250 square foot main level and a full basement with approximately 5,400 square feet of leasable space. Existing features include three safes, a large lobby, training room, private offices with bathrooms, a basement kitchen, all-purpose room, banquet room, and two additional basement bathrooms. The property boasts solid masonry construction, a backup generator, alarm system, security cameras, ample parking, and over 800 amp, 3-phase service. The city is open to adding apartments, and the property includes additional land for expansion. All fixtures from the former bank are in place. Asking price is $1,195,000 ($95.60/sq ft). Personal furniture is also available for sale separately. This versatile property is ideal for retail, office, daycare, or bank use.