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Property profile & analytics
OFF-MARKET
Specialty properties

1529 Western Ave Chicago Heights, IL 60411

Built 1950
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 1950
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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