1529 Western Ave Chicago Heights, IL 60411
This exceptional 14,750-square-foot commercial space in Chicago Heights, Illinois, presents a unique opportunity for a variety of businesses. Located at 1529 Western Ave, this single-tenant property boasts high visibility along Western Avenue and Lincoln Highway (US Route 30), ensuring significant foot and vehicle traffic. Built in 1950, the one-story building offers ample parking with over 40 spaces. The space is currently raw and open, featuring tall ceilings, ideal for customization to suit diverse needs. Potential uses include, but are not limited to, community centers, warehouses, medical clinics, offices, retail establishments, restaurants, and event spaces. The property is situated within the Chicago Heights TIF district and is zoned B1. Its Cook County location and convenient access to major roadways make it an attractive option for businesses seeking high visibility and accessibility. The property's size and flexible layout offer endless possibilities for entrepreneurs and established businesses alike. A virtual tour is available for viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.